Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments Go to Source Powered by WPeMatico
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HSBC Closes 2 Branches Following New Protests in Hong Kong
HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend overnight services at 19 other ATM locations … Read more
Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members
Six virtual banks have joined the Hong Kong Institute of Bankers as corporate members Go to Source Powered by WPeMatico
IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining Trust I, reportedly allow for investors to gain wrapped exposure to bitcoin and to … Read more
IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia
Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin trusts Go to Source Powered by WPeMatico
Mining Chip Maker Ebang Next in Line to File for US IPO
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American … Read more
Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account
The importance of Bitcoin’s non-seizability has been highlighted yet again as HSBC closes an account reportedly used to fund Hong Kong protestors Go to Source Powered by WPeMatico
Hong Kong’s New Criteria on Crypto Exchanges Actually Isn’t Important
Experts discuss whether Hong Kong’s new framework for crypto exchanges will actually have a positive impact on the local market Go to Source Powered by WPeMatico
Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO
Softbank-backed Chinese blockchain company OneConnect has applied for an IPO with the U.S. SEC Go to Source Powered by WPeMatico
Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10
In this week’s Hodler’s Digest, a lottery winner’s big gamble on Bitcoin, Russia’s ambitious new law to confiscate BTC, and Hong Kong explores a central bank digital currency Go to Source Powered by WPeMatico