Blockchain/Bitcoin
PBOC’s Fintech Institute Taps Contour’s Blockchain Platform for Trade Digitisation
Singapore based digital trade finance network Contour has partnered with the Shenzhen Fintech Institute, a subsidiary of The People’s Bank of China (PBOC) to look at opportunities to boost China’s trade ecosystem and further the adoption of trade digitisation across
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Crypto Exchange Coinbase Plans to Roll Out NFT Marketplace
Cryptocurrency exchange Coinbase announced the launch of “Coinbase NFT”, a peer-to-peer marketplace for the minting, purchasing, showcasing, and discovering non-fungible tokens (NFTs). The crypto exchange said that it wanted to make NFTs more accessible by building user-friendly interfaces that put
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Hong Kong’s Digital Asset Custodian Hex Trust Raises US$10 Million
Hong Kong-based digital asset custody service provider Hex Trust has raised US$10 million in an investment round led by Animoca Brands. Animoca Brands, which integrates entertainment and gamification with blockchain technology, will serve as a strategic partner to Hex Trust
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Hong Kong Takes it First Step in Retail Central Bank Digital Currencies with e-HKD
The Hong Kong Monetary Authority (HKMA) has released a technical whitepaper on retail central bank digital currency (CBDC), titled “e-HKD: A technical perspective”. Building on the experience in wholesale CBDCs, in June 2021, the HKMA has started a study on
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Thailand, HK CBDC Prototype Reveals Cross Border Payments Can Be Done in Seconds
The Hong Kong Monetary Authority (HKMA), Bank of Thailand, BIS Innovation Hub Hong Kong Center (BISIH), People’s Bank of China and the Central Bank of the United Arab Emirates have reveled findings from their joint Central Bank Digital Currency (CBDC)
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Crypto.com Expands Insurance Coverage to US$750 Million for Its 10 Million Users
Hong Kong-based cryptocurrency platform Crypto.com announced that it has expanded its total insurance coverage to US$750 million, including both direct and indirect custodian coverage for more than 10 million of it users. The insurance policy offers protection against physical damage
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What Is The Metaverse and Why is the Financial Sector Embracing It
The metaverse, a combination of “meta”, meaning beyond, and “universe”, has rapidly emerged as a major trend for companies around the world, a growth that’s been fueled by the global pandemic, lockdown measures, and the boom in cryptocurrencies. In South
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ADDX Secures US$200 Million Allocation From China’s Offshore Investment Scheme
ADDX, a Singaporean digital securities exchange formerly known as iSTOX, expects to enlarge its business in China after with a US$200-million agreement tied to a government-granted quota for Chinese offshore investments. The Qualified Domestic Limited Partnership scheme (QDLP) allows domestic
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BIS, HKMA Explores Use of Tokenised Green Bonds in Sustainable Investment Push
The Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority (HKMA) will be working on a prototype digital infrastructure Project Genesis to improve sustainable investing with tokenised green bond assets. As BIS Innovation
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Lega Serie A Chooses Crypto.com as Its Innovation and Tech Partner
Hong Kong-based cryptocurrency platform Crypto.com will become the first innovation and technology partner of the Italian Professional Football League known as Lega Serie A. The multi-year partnership integrates Crypto.com in each broadcast moment where technology enhances the match, as the
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