Hong Kong

Hong Kong

Finance

Animoca Brands Acquires Most of Educational Tech Company TinyTap for $38.9M

Hong Kong-based gaming investment firm Animoca made the acquisition one week after it revealed a $1.5 billion portfolio.

Yat Siu

Finance

OSL and Interactive Brokers Partner for Crypto Services in Hong Kong

Interactive Brokers will offer crypto services to professional clients in Hong Kong.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Videos

Binance Claps Back; Hong Kong Scrutinizes NFTs

Binance hits back at Reuters and US SEC probes BNB initial coin offering. Hong Kong’s Securities and Futures Commission says some NFTs may fall under their purview. Artaverse kicks off debut event showcasing NFTs and local artists’ works in Hong Kong.

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Finance

Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B

The funding round sets the firm's valuation to $2 billion.

(Sharon McCutcheon/Unsplash)

Videos

Global NFT Sales Rise; Hong Kong Embraces NFTs

Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues

Bitcoin continues losses as major markets around Asia end the week.

Close up of a black bear (Mohd Fazlin/Flickr)

Videos

Another Crypto Firm Leaves Singapore; S Korean Secrets Sold for Crypto

Three Arrows Capital to move base from Singapore to Dubai. Samsung Asset Management to list blockchain ETF in Hong Kong. South Korean crypto executive, soldier indicted for selling military secrets for Bitcoin. Innovation driving blockchain gaming space forward.

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Markets

First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC

The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong; bitcoin continues its mini-upswing.

Hong Kong faces a choice about pursuing a CBDC. (Camerique/ClassicStock/Getty Images)

Policy

Hong Kong Monetary Authority Invites Views on Retail CBDC

The authority is studying design considerations such as issuance, interoperability with other payment systems, privacy and data protection.

Hong Kong (Shutterstock)

Markets

First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500

Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.

Hong Kong Stock Exchange (Shutterstock)