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The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct cross-border tests with the yuan’s digitized version, the e-CNY. Digital Yuan … Read more
Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse. Go to Source Powered by WPeMatico
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in its jurisdiction. Stock Tokens No Longer Available for Purchase on … Read more
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering Syndicate Recycles $155 Million in Crypto and Fiat Transactions … Read more
PBoC says no to virtual currencies, Jack Ma’s fund invests $50m into NFT game maker, searches for BTC in China at 90 day low Go to Source Powered by WPeMatico
Meitu has reported losses of $17.3 million on its Bitcoin holdings, with its Ether investment having gained $14.7 million despite the recent crypto downturn. Go to Source Powered by WPeMatico
When 20 years of pro-democracy journalism is under threat, blockchain’s potential for censorship-resistance is brought into focus. Go to Source Powered by WPeMatico
A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused it serious damage by unilaterally halting its business in Thailand. Go to Source Powered by WPeMatico
The series will reportedly incorporate interactive features from video games, allowing viewers to collect scenes, characters and props within the story after its run time. Go to Source Powered by WPeMatico
Following a national security probe, pro-democracy Hong Kong newspaper Apple Daily printed its final edition and shut down its website. Go to Source Powered by WPeMatico
