Major cryptocurrencies surged in Monday’s trading session after data last week showed U.S. inflation had stabilised in April, keeping the door open for the Federal Reserve to cut interest rates …
Last year, China approved an updated set of accounting rules that allows companies to include data resources as either “intangible assets” or “inventories” in their financial statements. 08:36 A vanishing …
ZA Bank’s planned expansion into the digital asset sector comes as Hong Kong’s mandatory licensing regime for centralised cryptocurrency exchanges takes effect from June 1. (From left) ZA Bank’s alternate …
Hong Kong’s largest commercial bank, HSBC, plans to expand its line-up of tokenised assets so its customers can enjoy the benefits of such digital products, but will make sure these …
The market for digital assets is poised to take off this year and Hong Kong is best placed to develop it further after putting in place substantial regulatory frameworks and …
Central banks around the world have been pivoting towards innovating future types of money on digital networks, aligning with the “unified ledger” vision that the Bank for International Settlements (BIS) …
In a move that could have ripple effects across Europe, Spain is tightening its grip on crypto monitoring and seizing digital assets for tax debts. The Ministry of Finance, led …
Adapting to the Digital Age: Transitional Reporting Guidelines for Digital Assets The U.S. Treasury and IRS have announced a delay in implementing digital asset reporting requirements, allowing time for tailored …
Hong Kong regulators are proposing tougher legislation that requires stablecoin issuers to obtain a licence from the city’s de facto central bank before serving retail customers, as the Asian financial …
Inflows into crypto investment funds have resumed after a brief hiatus two weeks ago, as evidenced by CoinShares’s latest analysis. According to James Butterfill, Head of Research at CoinShares, digital …