Exciting news for Ethereum enthusiasts in Hong Kong! The Securities and Futures Commission (SFC) has just given the thumbs up to two major players, HashKey and OSL, to offer direct ETH staking services. This is a significant leap forward for crypto adoption in the region, moving beyond indirect exposure through ETFs to direct participation in […]
Exciting news for the crypto world! Hong Kong is making significant strides towards becoming a major hub for digital assets. Get ready for a potential game-changer as Hong Kong signals its intent to approve comprehensive stablecoin regulations. This move, highlighted during the Hong Kong Web3 Festival, could reshape the landscape of cryptocurrency in the region […]
In a shocking turn of events that has sent ripples through the cryptocurrency world, Tron founder Justin Sun has stepped forward with serious allegations. He claims a staggering $500 million has been embezzled from client reserves by First Digital Trust (FDT), the issuer of the FDUSD stablecoin. This bombshell announcement, made via a post on […]
Get ready for a tech surge in Hong Kong! The dynamic landscape of Web3 and Artificial Intelligence (AI) is about to witness a significant boost. Leading Bitcoin layer-2 and omnichain infrastructure provider, MAP Protocol, has joined forces with telecommunications giant China Unicom Global. This powerful partnership, formalized through a Memorandum of Understanding (MOU), is set […]
In a bold move signaling growing institutional confidence in digital assets, Hong Kong-based HK Asia Holdings has significantly increased its Bitcoin holdings. The company recently announced the purchase of an additional 10 BTC, valued at approximately $858,581, bolstering their total to a substantial 18.88 BTC, now worth around $1.72 million. This strategic acquisition, funded entirely […]
Exciting news is breaking in the crypto world! Imagine sending stablecoins seamlessly between Hong Kong and Japan, bypassing traditional banking hurdles. This vision is becoming increasingly real as Hong Kong-based digital asset firm IDA has teamed up with Japanese powerhouses Progmat, Datachain, and TOKI. Their ambitious partnership is focused on developing groundbreaking cross-border stablecoin payment […]
Exciting news is brewing in Hong Kong’s financial landscape! EDA Group, a company listed on the Hong Kong Stock Exchange, is making waves by considering a significant leap into the world of digital assets. Imagine a traditional company embracing the future of finance – that’s precisely what’s happening. Let’s dive into why this move is […]
Are you ready to potentially include cryptocurrency in your retirement savings? In a groundbreaking move, Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) is taking a serious look at incorporating virtual assets into the Mandatory Provident Fund (MPF). This could be a game-changer for how Hong Kong residents plan for their financial future. Let’s dive […]
Hong Kong is making waves in the cryptocurrency world! As global discussions around digital assets heat up, Hong Kong’s Financial Secretary, Paul Chan Mo-po, has boldly declared that competition is not a threat, but a catalyst for a stronger crypto market. This statement comes amidst speculation about potential U.S. national crypto reserves, highlighting Hong Kong’s […]
Hong Kong is making bold strides into the future of finance! The special administrative region (SAR) is not just dipping its toes into the virtual asset space; it’s diving in headfirst to build a robust and, crucially, a sustainable virtual asset ecosystem. Imagine a future where digital assets thrive responsibly, and Hong Kong is at […]
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