Search Results for "virtual economies"
KODW 2020 Goes Virtual Meeting Global Experts to Explore the New Normal
Hong Kong Design Centre’s (HKDC) major annual event, Knowledge of Design Week (KODW), will make its debut as a virtual event for international audiences this year. With Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, and under the theme “Designing Digital Futures”, KODW 2020 will be held from 26 to 29 August 2020 to explore how digital transformation and human-centric design can help us navigate uncertainty and thrive in the pandemic world.
Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.
Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate
Investing in real estate is what many call a sound investment, however, does this also apply to virtual seaside views and luxury apartments in the gaming worlds as well?
Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China
Leading fintech company, WeLab announced on Dec. 12 that it has raised US$156 million in Series C of strategic financing, becoming the largest fintech fundraising in China so far. WeLab was one of the first virtual banks established in Hong Kong, after receiving a virtual banking license from Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) in April 2019.
Binance Launches New Virtual Crypto Debit Card Issued by Visa, with Physical Version to be Rolled Out Shortly
Leading crypto exchange Binance announced the launch of its new product 'Binance Card' which aims to provide crypto payment services anywhere in the world.
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.
Thailand Immigration Services to Implement the Idea of Virtual Visas
Travelling to Thailand may become even more accessible, thanks to blockchain technology. Thai Immigration Officials are in the process of testing out an ‘eVOA’ service for tourists entering the country. As a result, physical copies of travel documents may no longer be necessary.
FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously
Kenneth Blanco, the Director of the FinCEN warned banks to seriously consider how virtual currencies should fit into their anti-money laundering (AML) policies.
Why Upland’s Virtual Land NFTs Are The Future Of Crypto
The asset class of non-fungible tokens (NFTs) is quickly growing and coincides with the rise of parallel worlds where people are spending more of their time and money.
HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways
The Hong Kong Securities and Futures Commission (HKSFC) released the latest guideline “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”, providing further guidance on fund dealing and virtual asset fund management.
Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.
Qatar Issues Crypto Ban, Digital Securities Still Allowed to Roam
Qatar’s regulator has blocked all crypto asset services in the nation. The Qatar Financial Centre Authority (QFC) mentioned in a statement that all “Virtual Asset Services may not be conducted in or from the QFC at this time.”