Tron Rises 23% Amid Developments
Tron (TRX) investors continue to feel bullish even as the market dips after certain on-chain developments help investor sentiment remain high. According to CoinGecko, the token has increased more than …
digital currencies
China is paying some workers in digital yuan – but few are choosing to use it
A year ago, Changshu, a county-level city under the jurisdiction of Suzhou, took the lead by paying all public sector workers in digital yuan, and Lin’s employer followed suit months …
HSBC summit: digital assets market at ‘tidal point’, Hong Kong best placed to drive it forward, bank’s global strategy head says
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 …
HKMA warns public to be vigilant of fraudulent claims by entities saying they are involved in digital currency trials
The Hong Kong Monetary Authority (HKMA) has asked the public to be vigilant of schemes falsely claiming to be involved in its e-HKD pilot projects, as the city conducts a …
Exclusive | Hong Kong’s ‘cutting-edge’ central bank digital currency pilot burnishes blockchain credentials, boosts international financial hub status, HKMA’s Yue says
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) …
Bitcoin On The Brink, Price Soars Above $68,000
On Monday, a flood of capital brought Bitcoin within striking distance of record values, sending it soaring to a two-year high and breaching past $68,000. At its peak, the price …
How crypto investigators uncover scammers’ blockchain billions, scale of money laundering in Asia
“The scale of this problem is far, far greater than what is understood by any government or competent authority at this point in time,” Tan said of Chain Argos’ research. …
Hong Kong, Singapore, Japan regulators welcome tokenisation push, call for closer alliance with private sector
Regulators in three of the biggest financial markets in Asia said they welcome tokenised securities – traditional investment products like stocks, bonds and mutual funds that use distributed ledger technology- …
Hong Kong crypto unicorns Animoca Brands and HashKey strike partnership deal as industry gears up for market recovery
Two major Hong Kong-based Web3 firms, HashKey Exchange and Animoca Brands, have signed a partnership deal as cryptocurrency firms in the city move to boost a virtual asset market that …
CBDCs can replace cash, improve cross-border payments: IMF chief at Singapore fintech event
Governments and central banks should step up the adoption of central bank digital currencies (CBDCs) to improve cross-border payments, which are currently “expensive, slow and available to few”, said Kristalina …