Tag "Web 3.0"

Hong Kong Urges FSI to Support Crypto Firms With ‘Basic Banking Services’

The Hong Kong Monetary Authority (HKMA) has urged the banking sector to provide services to licensed virtual-asset firms as part of the city’s ambition to become a leading crypto hub. Last week, the Hong Kong financial regulator issued a circular

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Citi: Mass Adoption of Blockchain Will be Driven by CBDCs, Tokenization, Gaming

Adoption of blockchain is nearing an inflection point as central banks ramp up digital currency initiatives and consumers continue to embrace tokenization and Web3 gaming, Citi analysts said in a new report. The paper, titled Money, Tokens, and Games: Blockchain’s

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How Hong Kong’s New Crypto Rules Could Renew Its Status As a Financial Hub

Hong Kong has been a key financial centre in Asia and around the world, but it faces fierce competition from Singapore. In recent years, Singapore has emerged as a major fintech hub and has attracted multinational and Chinese companies, as

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