Hong Kong

Here’s why a multi-CBDC bridge is being tested on Ethereum

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The race to launch the first CBDC is one the world is following intently. While most have their eyes fixed on China’s digital yuan pilot, a group of countries has come together to take CBDCs a step further. Phase 3 of Project Inthanon-LionRock saw BIS Innovation Hub Hong Kong Centre, the Digital Currency Institute of the … Read more

Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum

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China declaring all crypto transactions illegal sent shockwaves through Asia’s fintech market. It adversely impacted Hong Kong as well; not just crypto exchanges, but firms and stocks related to crypto were also feeling the bite. FUD impacts crypto related companies On 27 September, Huobi Tech – an affiliate of the crypto exchange Huobi Global – … Read more