Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy
The Hong Kong Monetary Authority (HKMA) is seeking to grow the tokenization ecosystem as part of its four-pronged growth strategy…
Category: Financial
CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan
Binance co-founder Changpeng “CZ” Zhao has pushed back on reports that he has been driving a proposal to establish a…
Digital Ruble Push: Bank of Russia Reinforces That Crypto Can\’t Be Used for Domestic Payments
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for…
Trader With 100% Win Rate Loses $38 Million in Market Meltdown
One trader who was once commended to possess a 100 percent win percentage has plunged into a nightmare. The portfolio…
Standard Chartered CEO Sees Hong Kong Stablecoin as Pivotal For International Trade Settlement
Standard Chartered CEO Bill Winters said on Monday that Hong Kong’s push into tokenized money and stablecoins could lay the…
$100K Turns Into $56K: Crypto Fund’s Big Loss Exposes the Ugly Truth About High Fees
Even when Bitcoin has increased twofold and certain projects seeded on the Early-Stage Token Fund LP have paid 20x to…
Animoca Brands Files For Nasdaq Listing Via Reverse Merger
Animoca Brands announced today that it is filing for a Nasdaq listing via a reverse merger with Singapore-based Currenc Group…
Nvidia Market Cap Hits $5 Trillion, Surpassing Most Countries
Nvidia, the tech giant famous for its graphics chips, has reached a great milestone. Its market value has now surpassed…
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
Brazilian financial giant Banco Inter and Chainlink have completed a blockchain-based pilot that enabled the central banks of Brazil and…
Stablecoin Developer Standard Money Raises $8M to Support Mainnet Rollout
Standard Money, developer of the BNB Chain-based stablecoin USDsd, has raised $8 million from an array of crypto investment heavyweights.…