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Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong

Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong

Singapore-based cryptocurrency exchange Huobi is considering expanding into Hong Kong, where regulatory changes are underway.

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.

UK Group to Run Pilot Retail CBDC, Providing Data to Bank of England

UK Group to Run Pilot Retail CBDC, Providing Data to Bank of England

The private consortium, called the Digital FMI Consortium, will carry out a real-world CBDC pilot with a ‘digital pound’ (dSterling).

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

Since regulators consider crypto coins to be ill-suited for retail consumers, DBS bank said that it will not offer such products to retail-banking clients any time soon.

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.

Global Blockchain in Retail Market to Hit $3.27B by 2028

Global Blockchain in Retail Market to Hit $3.27B by 2028

Heightened demand in the worldwide blockchain in the retail market is expected to drive its value past the $3.27 billion mark by 2028, according to market research organization Facts and Factors.

Thailand SEC Eases ICO Restrictions

Thailand SEC Eases ICO Restrictions

Thailand’s Securities and Exchange Commission (SEC) plans to lift restrictions on retail investment in initial coin offerings (ICOs). The SEC aims to permit bigger investments in asset-backed ICOs, including those backed by real estate and infrastructure.

Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin

Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin

Mercadolibre announced a $7.8 million Bitcoin purchase, believing deeply in the cryptocurrency.

Singaporean DBS Bank to Expand Bitcoin Offerings to Retail Traders

Singaporean DBS Bank to Expand Bitcoin Offerings to Retail Traders

Singapore-based bank and financial operator DBS is on track to expand its Bitcoin trading services to its retail customers.

Hong Kong is a Step Closer to Legalizing Retail Crypto Trading - Report

Hong Kong is a Step Closer to Legalizing Retail Crypto Trading - Report

New reports show the speculations that Hong Kong might permit retail crypto trading may be true

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.

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