Blockchain/Bitcoin
HKMA, Bank of Israel, and BIS Hong Kong to Pilot Study on Retail CBDCs
The Hong Kong Monetary Authority (HKMA), together with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Center, announced a joint research on retail Central Bank Digital Currency (CBDC) called Project Sela. This
Read More
livi Launches Futuristic Rabbit-Themed NFT “Mochi” to Mark Its 2-Year Anniversary
Hong Kong’s virtual bank livi is marking its second anniversary with the launch of NFT artwork collectibles “Mochi” that will be its new icon. According to livi, Mochi has “travelled from the future to 2022 to scout for like-minded individuals
Read More
SFC Cautions Hong Kongers Looking To Invest in NFTs
The Securities and Futures Commission (SFC) of Hong Kong cautions investors of the risks associated with investing in non-fungible tokens (NFTs), which have increased in popularity in recent years. According to a statement by the SFC, NFTs are exposed to
Read More
Babel Finance Now Valued at US$2 Billion With US$80 Million Fundraise
Babel Finance, a Hong Kong-based wholesale crypto financial services provider, announced that it has raised a US$80 million Series B financing round at a valuation of US$2 billion. The main investors in this round include Jeneration Capital and 10T Holdings,
Read More
WeBank Launches Its New Brand “WeBank Blockchain” to Focus On ESG
WeBank, a digital-only bank in China, launched its new brand “WeBank Blockchain” which will be focused on building trusted ESG infrastructure to promote equity and sustainable development for its blockchain technology. To better promote ESG development, WeBank Blockchain will focus
Read More
HKMA Seeks Public Feedback for Its Retail Digital Currency Research
The Hong Kong Monetary Authority (HKMA) has issued a discussion paper titled “e-HKD: A policy and design perspective”, inviting views from the public on key policy and design issues for its retail central bank digital currency (rCBDC). After announcing the
Read More
StanChart Hong Kong Partners With The Sandbox to Explore the Metaverse
Standard Chartered (Hong Kong) announced a new partnership with The Sandbox, a decentralised gaming virtual world, to create innovative experiences for its customers and the community. Led by SC Ventures, Standard Chartered Group’s investment arm, the bank will actively engage
Read More
LINE Launches NFT Marketplace in Japan
LVC Corporation, the operator of LINE’s crypto asset and blockchain businesses, announced that it has launched a non-fungible token (NFT) marketplace available only in Japan called LINE NFT. From today onwards, the marketplace will offer around 40,000 NFT products for
Read More
OneDegree Partners With Munich Re to Launch a Digital Asset Insurance Product
Hong Kong insurer OneDegree announced that it has entered into a three-year strategic partnership with Munich Re to launch OneInfinity, a digital asset insurance product. OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms,
Read More
HSBC Partners Animoca Brands’ The Sandbox to Make Its Metaverse Debut
HSBC has partnered with The Sandbox, a decentralised gaming virtual world and subsidiary of Animoca Brands, to connect with an emerging generation of metaverse participants and entrepreneurs through immersive experiences. The bank said that it is acquiring a 3×3 LAND
Read More