HK Financial News
26.07 / 12:51
11.07 / 11:09
Exchange
Legal
M&A
HK
Courts
Today in Crypto Turmoil: Sun Readies USD 5B Spend, Celsius’ Dealings ‘Exposed,’ CoinFlex Heads to HK Courts
The Tron (TRX) founder Justin Sun says he is ready to spend big on acquisitions as another week of crypto turmoil begins – and there are also developments from Celsius (CEL) (as usual!), while the exchange CoinFlex could be gearing up to flex its legal muscles on Roger Ver.
20.06 / 14:13
UPS
Citi
Provident
Platform
HK
HK's PANGU Plays a Magician in Metaverse, Expanding P2E Model for Business Growth
Hong Kong-based start-up PANGU, a metaverse agency appointed by Sandbox, is helping clients to enter into the metaverse by providing asset creation and branding consultation services. The company said it is building various business models, including the play-to-earn (P2E) model for clients to support its growth.
18.03 / 13:29
UPS
Provident
Action
HK
regulatory
HK Outlines Regulatory System for Virtual Asset Sector
The Hong Kong government is working to establish a regulatory system for the virtual asset industry, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu wrote in his blog.
16.03 / 13:09
Blockchain
Citi
Provident
CEO
HK
valuation
Hex Trust
HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m
Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which it saw its valuation rise to $300 million.
24.02 / 13:13
Blockchain
Binance
Digital
Platform
Sky Mavis
HK
HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands
Hong Kong-based non-fungible token (NFT) platform Ucollex closed a $10 million Series A funding round led by Animoca Brands and the MCP IPX One Fund from Japanese investment firm MCP Asset Management.
18.01 / 19:37
Blockchain
Citi
Digital
Simulation
Future
HK
HolyShxxt!'s NFT and Future GameFi plans Shows HK's Potential
Hong Kong-based HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.
13.01 / 20:41
business
HK
Japan-based crypto exchange DeCurret plans to sell to HK's Amber Group: report
The holding company behind DeCurret, the Japan-based company offering trading and exchanges of digital assets, reportedly plans to sell its crypto business to investment platform Amber Group.
18.11 / 09:07
Adoption
Latin America
CNBC
HK
Peru to partner with India, HK and Singapore central banks on a CBDC
The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC).
15.11 / 13:25
Blockchain
Digital
SUN
Parke
HK
HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
Animoca Brands is partnering with Cube Entertainment to build metaverse and non-fungible tokens (NFTs) as K-pop has been taking the world by storm, the executive chairman of the company said.
04.11 / 12:27
Blockchain
Provident
Digital
Bitcoin
HK
week
HK FinTech Week: Understanding Misconceptions on Cryptocurrency
In Hong Kong, the FinTech Week 2021, which launched on November 1, hosted a seminar on misconceptions about cryptocurrencies titled «Crypto in 2021: Misconceptions, Lessons & Opportunities Ahead» on Wednesday, November 3.
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