Hong Kong Financial News

29.04 / 12:23

markets Bitcoin Bitcoin Price Bitcoin price slow to react as US dollar rally stops at 20-year highs

Bitcoin (BTC) stayed rangebound on April 29 as a welcome retracement saw the U.S. dollar come down from 20-year highs.

29.04 / 07:55

Blockchain Adoption Digital Currency Residents of 3 Chinese cities paying taxes and charges with digital yuan

Residents in three major Chinese cities have begun paying tax, stamp duty and social security premiums using the country’s central bank digital currency — the digital yuan (e-CNY).

28.04 / 15:21

CEO Matthews shock In shock U-turn, London Metal Exchange says CEO Chamberlain to remain in post

Matthew Chamberlain, the chief executive of the London Metal Exchange who was set to depart for a cryptocurrency venture at the end of the month, will instead remain in his post.

28.04 / 14:19

Citi Digital Strategy Mobile HKMA e-HKD consultation HKMA Seeks Public Consultation for e-HKD Development

In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency (rCBDC), or e-HKD.

28.04 / 06:45

Blockchain Stablecoin Central Bank Hong Kong watchdog warns stablecoins could undermine HKD in CBDC paper

The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just released discussion paper about its retail central bank digital currency, e-HKD.

28.04 / 02:37

Digital Strategy Hong Kong publishes CBDC discussion paper

Last year the Hong Kong Monetary Authority released a technical white paper on a possible e-HKD, looking at design options for issuing and distributing retail CBDCs, including an arrangement that allows transaction traceability in a privacy-amicable manner. Now, the HKMA is moving on to other issues, including the potential benefits and challenges of a CBDC, design considerations such as issuance mechanism, interoperability with other payment systems, privacy and data protection and legal considerations, as well as use cases.

28.04 / 02:21

business event Blockchain Conference Future Crypto Bahamas: Attendees talk the future of NFTs

The crypto community headed to Nassau in the Bahamas this week for the inaugural Crypto Bahamas conference.

27.04 / 22:07

cryptocurrency Adoption Asia More Confidence By Banks Could Trigger 'Second Wave' Of Crypto Adoption - Expert Panel

Asia-focused banks and financial institutions consider there is a need for more regulatory clarity across the region, but also more confidence by financial institutions to trigger what could become the “second wave” of crypto adoption across the region, according to the participants of a debate held on the second day of the Crypto and Digital Assets Summit hosted by the Financial Times.

27.04 / 13:29

Blockchain Waves Digital Platform GazeTV Launches Interactive Social Entertainment Platform With Built-in Incentives

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

27.04 / 12:47

Citi Platform HSBC Standard Standard Chartered Enters The Sandbox Metaverse

Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.

27.04 / 12:19

CEO Matthews shock In shock U-turn, London Metal Exchange says CEO Chamberlain to remain in post

Matthew Chamberlain, the chief executive of the London Metal Exchange who was set to depart for a cryptocurrency venture at the end of the month, will instead remain in his post.

26.04 / 12:57

UPS Digital Strategy HKMA FinTech Association of Hong Kong Supports HKMA's Risk-Based Approach to Regulate Stablecoins

The FinTech Association of Hong Kong (FTAHK) has published a response to the Hong Kong Monetary Authority's (HKMA) January discussion paper on crypto assets and stablecoins.

25.04 / 13:27

Blockchain Citi SUN Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen

Hong Kong's Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.

25.04 / 10:53

markets stocks Bitcoin Bitcoin Price week 'Something sure feels like it's about to break' — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?

25.04 / 09:15

cryptocurrency NFT NFTS Most Valuable Bored Ape Yacht Club Exhibition in Hong Kong Worth over 100 Million HKD

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

22.04 / 13:27

Blockchain Target Digital Platform Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse

Hong Kong's MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world.

21.04 / 16:11

Adoption goldman sachs banking Banking Giants Goldman Sachs and Commerzbank Take New Steps Towards Crypto

The American investment bank Goldman Sachs is taking another step toward the crypto industry with a private meeting between its CEO and crypto exchange FTX’s founder & CEO Sam Bankman-Fried. Meanwhile, German bank Commerzbank also appears to be strengthening its crypto offering after it applied for a crypto license earlier this year.

20.04 / 13:13

Adoption Bitcoin 3.6M Americans to use crypto to make a purchase in 2022, research firm predicts

The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm.

19.04 / 18:01

cryptocurrency NFT NFTS Gensokishi Online Project Announces Decision to List MV token on KuCoin and Campaign

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

19.04 / 13:03

Blockchain Digital Racing Animoca Brands Soon to Acquire Australia's Be Media for Blockchain Development

Hong Kong-based Animoca Brands has announced that it will soon acquire Australian digital marketing agency Be Media to explore the opportunities centred around blockchain development in the country.

18.04 / 18:13

business Blockchain Art Gaming How Web3 is redefining storytelling for creators and fans through NFTs

Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT projectCryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for a notable portion of Ethereum transaction volume in 2017, these NFTs mainly served as digital collectibles geared toward the crypto community.

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