Huobi Global denies ‘large-scale layoffs’ and key exec resignations
A spokesperson from Huobi Global says rumours of layoffs are “untrue” and the “senior management team is performing their duties as per normal.” Go to Source Powered by WPeMatico
Hong Kong
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Hong Kong financial regulator issues guidelines for crypto futures ETFs
The Securities and Futures Commission hinted it would follow in the CME’s footsteps by only initially allowing listings of ETFs linked to Bitcoin and Ether futures. Go to Source Powered by WPeMatico
Hong Kong to Start Allowing Retail Crypto Trading in March Next Year: Report
Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong is reportedly relaxing its strict cryptocurrency regulation with a … Read more
Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Hayes says the next crypto bull run will be tied to when China embraces the crypto market again, and Hong Kong could be the gateway for this to happen. Go to Source Powered by WPeMatico
BIS releases full report on mBridge wholesale CBDC platform after successful pilot
The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDC. Go to Source Powered by WPeMatico
BIS, UN, Hong Kong Monetary Authority concludes tokenized green bonds trial
Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments. Go to Source Powered by WPeMatico
A new definition of crypto comes from the IRS — Law Decoded, Oct. 17-24
IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China. Go to Source Powered by WPeMatico
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings. Go to Source Powered by WPeMatico
Hong Kong Presents Digital Currency Prototype, Project Aurum
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation … Read more
Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region. Go to Source Powered by WPeMatico