Blockchain/Bitcoin
Crypto.com To Develop Exclusive NFTs In Partnership With Formula 1
Formula 1 has announced Crypto.com, a cryptocurrency payment and exchange platform, as the Global and Inaugural Partner for its 2021 Sprint series. The Sprint series will kick-off at Silverstone, UK on July 17, ahead of the 2021 Pirelli British Grand
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ZA Makes Moves in Digital Asset Market by Signing Deal With Crypto Firm BC Group
ZA International announced that it has entered into a mutual collaboration agreement with BC Technology Group, the parent company of OSL Digital Securities which is a Securities and Futures Commission (SFC)-licensed digital asset platform. The collaboration will see OSL become
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Digital Asset Custodian Hex Trust Raises Undisclosed Sum From Cyberport
Hong Kong-based digital asset custody service provider Hex Trust announced it has successfully secured investment from Cyberport, a local fintech hub and digital community. The sum was not disclosed. The investment enables Hex Trust to scale operations, hire key talents
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Singapore’s GIC Invests US$ 70 Million in Digital Asset Firm BC Group
BC Technology Group, a digital asset and fintech company as well as the parent company of OSL, secured an investment of US$ 70 million (HKD 543.19 million) from GIC, a Singaporean sovereign wealth fund. The company intends to develop and enhance
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WeBank Ties up With Singaporean University to Nurture Blockchain Innovation
WeBank, a digital-only bank in China, announced its summer enrichment programme on FISCO BCOS Blockchain Experience at the Singapore Management University (SMU). FISCO BCOS is a secure, reliable, easy-to-use, and high-performance financial-grade blockchain platform, which was launched by FISCO open-source
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HK’s BC Group Partners StanChart to Launch Crypto Platform for Institutional Clients
SC Ventures, the innovation and ventures unit of Standard Chartered, announced a partnership with BC Technology Group, the parent company of Hong Kong’s licensed digital asset platform OSL. The joint venture (JV) was formed to establish a digital asset brokerage and
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Hong Kong Releases Consultation Conclusions for Virtual Asset Exchange Licensing Regime
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has released a paper outlining the conclusions to its consultation on a proposed licensing regime for virtual asset exchanges. The Hong Kong government is proposing legislative changes to enhance anti-money laundering
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Robo Advisor AQUMON Unveils Bitcoin Investment Solution
Robo-advisor AQUMON has introduced SmartGlobalX, a smart bitcoin ETF investment portfolio that integrating its flagship SmartGlobal algorithms with a Bitcoin Exchange Traded Fund (ETF), to allow clients to invest in securitised cryptocurrency assets from US$ 1,000 onwards. AQUMON said that
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Asia Leads the Way with Central Bank Backed Digital Currencies (CBDCs)
Central banks in Asian countries including Cambodia, Thailand, Mainland China, Hong Kong and Singapore, have more advanced central bank digital currency (CBDC) projects than their global counterparts, outperforming those of Canada, the UK and Sweden, a new analysis by PwC
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YAS Launches Microinsurance for NFTs
Hong Kong-based insurtech YAS announced the launch of of a NFT (Non-Fungible Token) microinsurance called NFTY, joining hands with Generali‘s Hong Kong Branch to co-develop it. YAS claims that NFTY will become the world’s first microinsurance product to cover NFTs.
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