Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules. Go to Source Powered by WPeMatico
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Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat. Go to Source Powered by WPeMatico
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022. Go to Source Powered by WPeMatico
The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Launch Metaverse ‘Mega City’
The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a “Mega City” in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong tycoon Adrian Cheng, professional services firm PWC Hong Kong, … Read more
Southeast Asian financial institutions turn to the Ethereum blockchain
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations? Go to Source Powered by WPeMatico
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market. Onedegree to Underwrite Insurance Policies for Crypto Assets Hong Kong has several … Read more
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
Insurance and risk management for digital assets will increase investor confidence, said OneDegree. Go to Source Powered by WPeMatico
OTC crypto shops flood Hong Kong, but regulations may impact their presence
Brick and mortar crypto exchanges are common in Hong Kong, but concerns remain around uncertain regulations that could demolish these shops entirely. Go to Source Powered by WPeMatico
Crypto-to-fiat liquidity startup Xanpool raises $27M
XanPool positions itself as a “Uniswap-like” crypto-to-fiat AMM relying on the liquidity of its participants. Go to Source Powered by WPeMatico
Chinese blockchain project BSN expands to Turkey and Uzbekistan
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal. Go to Source Powered by WPeMatico