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Hong Kong's Crypto Rise: Harbinger for China?

Hong Kong's Crypto Rise: Harbinger for China?

Hong Kong's rising status as a crypto hub amidst regulatory amicability sparks speculations on China's evolving stance towards digital assets. The significant crypto activity in Hong Kong, combined with its thriving Over-The-Counter market, reflects a conducive environment for both institutional and retail crypto engagements. As Hong Kong continues to bolster its crypto market, it might be hinting at China's exploratory approach towards understanding and possibly embracing digital assets in the long term.

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.

ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market

ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market

ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

The Filipino government has launched a blockchain-based app that will be utilized in the distribution of government-issued bonds. The novel project dubbed Bonds.PH was developed by the country’s Bureau of Treasury in conjunction with Union Bank and the Philippines Digital Asset Exchange.

Tencent Gets Green Light for Blockchain-Enabled Invoice Standard

Tencent Gets Green Light for Blockchain-Enabled Invoice Standard

Tencent, a Chinese internet giant, has been given the go-ahead by China’s State of Administration of Taxation to generate a draft for a blockchain-powered invoice standard.

Tokocrypto Gets Green Light as First Indonesian Crypto Exchange

Tokocrypto Gets Green Light as First Indonesian Crypto Exchange

Tokocrypto becomes the first cryptocurrency exchange platform to be approved by the Indonesian government. Having being established in Indonesia, Tokocrypto seeks to stamp its authority in this nation in the crypto space. Since 2018 to date, it has facilitated at least US$250 million in cryptocurrency assets.

Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0

Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0

According to FUSANG CEO Henry Chong, the CCB's historic blockchain-based bond listing, the first tranche of $3 billion in debt, marks a transition into what he calls “Crypto 2.0”

The Fourth Belt and Road Summit 2019 –  FinTech Cultural Revolution for Inclusive and Green Finance

The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance

The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.

Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst

Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst

Pierre Rochard, a market analyst and a Bitcoin advocate, believes that most people will be more inclined to hold BTC than assets like stocks.

Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

Malaysia’s national stock exchange, Bursa Malaysia will conduct a blockchain Proof-of-Concept (PoC) dubbed "Project Harbour" to explore the DLT management of the country’s bonds market.

Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone

Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone

Following a memorandum of understanding (MoU) between the Dubai Multi-Commodities Centre (DMCC) Free Zone and the Securities and Commodities Authority (SCA), crypto businesses have been granted the liberty to operate in DMCC once registered licenses are granted.

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.

Russia Finally Showing Signs of Embracing Digital Assets in New Bill

Russia Finally Showing Signs of Embracing Digital Assets in New Bill

After successfully undergoing test period, tokenization is set to take centre stage with reforms as newly proposed cryptocurrency legislation in Russia received the green lights.

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