Blockchain/Bitcoin
Blockchain Enters New Stage of Development in China, New Report Shows
China, a world leader in blockchain, is entering the next stage of the industry’s development with blockchain being now increasingly integrated with other emerging technologies, including artificial intelligence (AI), big data and the Internet of Things (IoT), a new report
Read MoreHong Kong SFC Grants HashKey Approval for Off-Platform Virtual Asset Trading
HashKey Group, a Hong Kong-based digital asset management and blockchain solutions provider, has secured approval from the Securities and Futures Commission (SFC) for its subsidiary Hash Blockchain Limited (HBL) to conduct off-platform virtual asset trading business. HBL can act as
Read MoreHong Kong Mulls Allowing Retail Investors to Trade Crypto
Hong Kong’s Securities and Futures Commission (SFC) has released its consultation paper on proposed regulatory requirements for Virtual Asset Service Providers (VASPs) before the new licensing regime takes effect on June 2023. Under the new licensing regime, all centralised virtual
Read MoreBank of Japan to Kick off Digital Yen Pilot in April
The Bank of Japan (BOJ) announced that it will launch its Central Bank Digital Currency (CBDC) pilot programme in April this year to test the use of a digital yen. The central bank said that it will complete its Proof
Read MoreInteractive Brokers Launches Crypto Trading Powered by OSL in Hong Kong
Interactive Brokers, an automated global electronic broker, has is now offering Bitcoin (BTC) and Ethereum (ETH) cryptocurrency trading in Hong Kong. Eligible clients including individuals with over HKD 8 million in investable assets or institutions with assets greater than HKD
Read MoreDBS Plans to Apply for Crypto License in Hong Kong
DBS Group Holdings plans to apply for a license to that will allow it to expand its crypto trading services to its Hong Kong customers in the future. “We are planning to apply for a license in Hong Kong so
Read MoreHong Kong to Develop Regulatory Framework for Stablecoins
The Hong Kong Monetary Authority (HKMA) intends to roll out new regulations on crypto-assets and stablecoins by either this year or in 2024. On 12 January 2022, the HKMA had issued a discussion paper on crypto-assets and stablecoins and invited
Read MoreCoinbase Shutters Japan Operations, Users Have Until 16 Feb to Withdraw Assets
Cryptocurrency exchange Coinbase said that it will be shuttering its operations in Japan and its users has until 16 February to withdraw their assets. All customers can withdraw their fiat currency and cryptocurrency holdings to other crypto service providers, Coinbase
Read MoreAnimoca Brands, LayerZero Launch Hackathon With Its First Stop at Cyberport
Metaverse ecosystem builder Animoca Brands and blockchain interoperability protocol LayerZero have launched a global hackathon to demonstrate real-world use cases of interoperable digital assets. The LayerZero-Animoca Brands Hackerhouse will gather developers, projects and companies to conceptualise and build proof-of-concepts that
Read MoreHashkey and ZA International Join Forces to Invest in Digital Assets, Web 3.0
HashKey Group, a Hong Kong-based digital asset management and blockchain solutions provider, has partnered with digital insurer ZA International to invest in digital assets, Web 3.0 and distributed ledger technology (DLT) amongst other areas. Through this MoU, both entities will
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