2020-1-4 23:36 |
Six virtual banks have joined the Hong Kong Institute of Bankers as corporate members
Similar to Notcoin - Blum - Airdrops In 2024
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In another example of the growing appeal of virtual banking in Hong Kong, six licensed virtual banks in the city have joined the Hong Kong Institute of Bankers (HKIB). Virtual Banks Join HKIB In a press statement issued by HKIB on Thursday (January 2, 2020), Hong Kong’s banking training and certification institute announced the addition of six new members to its ranks.
2020-1-3 18:00 | |
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David Rutter, CEO and Founder of R3, was recently interviewed on the sidelines of the 2019 FinTech Week in Hong Kong. The CEO of R3, a firm which he defined as "an enterprise software company that useThe post Facebook's Libra will accelerate thought among central banks: R3 CEO appeared first on AMBCrypto.
2019-12-13 18:00 | |
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Central banks are increasingly looking towards more efficient payment methods and crypto tokens are filling that role. Thailand and Hong Kong have just announced a joint agreement to utilize digital currencies to facilitate quicker payment in bilateral trade.
2019-12-5 07:20 | |
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Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong, Saudi Arabia, United Arab Emirates, […] The post QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices appeared first on Bitcoin News.
2019-11-9 13:35 | |
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Digital currency has been a topic of interest since the industry began, but the concept of implementing national versions of these currencies is becoming more and more appealing. Hong Kong and Thailand have expressed interest in establishing their own digital currency as well, controlled by their central banks. According to reports from The Block, we […]
2019-11-8 02:24 | |
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The Hong Kong Monetary Authority and several major banks facilitated the development of a proof-of-concept (PoC) for the creation of a multi-bank blockchain consortium which aims to improve global trade through enhanced collaboration among shippers, banks, terminal operators, and ocean carriers.
2019-11-7 22:00 | |
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Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin would be the answer if adoption was greater and volatility was lower but the pluses for decentralized money are growing.
2019-10-7 11:30 | |
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The violence in Hong Kong is escalating with each passing week. On Friday, the local government passed a martial law by banning to wear masks at public places. Local banks, that remained resilient in the face of mass protects have now taken a hit as well.
2019-10-6 18:46 | |
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The U. S. -China trade war, the Hong Kong protests, and now the attack on Saudi Arabian oil producer Aramco – these events add more pressure to financial and commodity markets that already look overextended; stocks are trading close to all-time highs.
2019-9-17 20:55 | |
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Bitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency. Tom Grundy accused BitPay of sitting atop their funds for almost three weeks.
2019-9-12 13:51 | |
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The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in the world, two separate sources told Forbes.
2019-8-28 13:10 | |
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By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair practices of their government.
2019-8-18 15:30 | |
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Protesters in Hong Kong have taken to a new non-violent tactic, withdrawing cash in mass from ATMs and banks and converting it to U.S. dollars—foreshadowing things to come for Bitcoin. On Aug. 16, protesters in Hong Kong announced plans to withdraw their cash from the banking system in protest of overreach from mainland China, reported […] The post Bitcoin as protest: Hong Kong demonstrators withdraw their money from banking system appeared first on CryptoSlate.
2019-8-19 14:17 | |
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The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called […] The post Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks appeared first on Bitcoin News.
2019-8-16 08:53 | |
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Banks and the cryptocurrency world have been at odds ever since the latter emerged a decade ago. From initially shrugging decentralized currency off as a mere distraction, now the disruptive force has irked the banking industry with the seventh largest bank in the world, HSBC rumored to be halting cryptocurrency transactions.
2019-6-1 11:00 | |
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Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).
2019-4-12 22:03 | |
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Recently, China’s Beijing Finance Industry Association released a notice saying that all individuals and banks must stop engaging in… The post Hong Kong: ICO & STO Only For The Rich Investors With At Least $1M In Portfolio – The Type Of Regulation Crypto Really Needs? appeared first on Invest In Blockchain.
2019-4-1 10:37 | |
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A Bitcoin remittance startup located in Hong Kong has announced that it has launched the world’s first stablecoin pegged to the Hong Kong dollar. Founded in 2014, Bitspark was created to enable the process of sending money across borders without the use of banks.
2019-1-30 17:43 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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The project, called eTradeConnect, targets Asia and will cooperate with we.trade, a DLT-based financial settlement platform with a focus on Europe.
2018-11-2 20:55 | |
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Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018. The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong.
2018-10-27 21:00 | |
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Crypto-mining giant Bitfury is considering launching an initial public offering; it would be Europe’s first large listing from the cryptocurrency industry. Bloomberg reports Bitfury is in communication with a number of global investment banks as it explores making its trading debut in Amsterdam, London or Hong Kong in 2019.
2018-10-27 20:57 | |
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Bitfury is reportedly in talks with global investment banks regarding its plans to launch Europe’s biggest crypto IPO till date, reported Bloomberg. The cryptocurrency mining startup plans to go public in either Amsterdam, London or Hong Kong, with a tentative valuation anywhere between $3 billion to $5 billion, depending on the market and industry conditions.
2018-10-26 16:28 | |
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Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.
2018-10-13 15:46 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman.
2018-9-27 22:14 | |
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HSBC Announces Partnership With Blockchain-Based Trade Platform In Hong Kong Cryptocurrency has been a sore subject for banks and other financial institutions for quite some time. There are many banks that have completely rejected crypto, even banning their customers from using their credit card to make purchases on any platform. However, there are other banks […]
2018-7-20 01:18 | |
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Seven international banks have joined the Hong Kong Monetary Authority to create a blockchain-based platform intended to streamline international trade finance, which will pair with a similar platform from the Monetary Authority of Singapore.
2018-7-18 21:27 | |
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The Hong Kong central bank has announced that its official launch next month will include a blockchain-built trade finance platform for logging transactions and credentials, which will therefore be immutable.
2018-7-17 05:00 | |
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The platform is expected to minimize the time and paperwork required in trade finance and supply-chain finance transactions. 21 banks including HSBC and Standard Chartered have already confirmed participation in the project.
2018-7-17 00:52 | |
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According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered.
2018-7-17 22:53 | |
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The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong.
2018-7-16 20:37 | |
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Hong Kong’s Monetary Authority is to link 21 banks, including HSBC and Standard Chartered, through a blockchain-backed trade finance platform with the aim of upgrading the $9tn global trade finance industry according to.
2018-7-16 19:30 | |
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Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT
2018-7-16 18:36 | |
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The Hong Kong Monetary Authority is launching a blockchain-based trade finance platform that will link 21 banks to provide a streamlined financial services.
2018-7-16 17:32 | |
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According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered.
2018-7-16 09:33 | |
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Tens of thousands of traders have been using the bank’s crypto exchange in the UK, a spokesperson said.
Частные криптовалюты провалили тест на фундаментальные финансовые услуги и не задержатся в монетарном пространстве. Такое мнение высказал глава MAS Рави Менон, сообщает Bloomberg. В ходе панельной дискуссии на мероприятии в Гонконге управляющий директор центробанка Сингапура назвал в качестве трех ключевых компонентов будущей денежно-кредитной системы: CBDC; токенизированные банковские обязательства; «хорошо регулируемые» стейблкоины.
Сооснователь и CTO Casa Джеймсон Лопп привел аргументы против теории о том, что биткоин-пионер Хэл Финни был создателем первой криптовалюты Сатоши Накамото. В своем блоге он рассказал о забеге 18 апреля 2009 года в Санта-Барбаре (Калифорния, США).
There are “traps” lying in wait for innovators at the vanguard of fintech and quantum computing, according to researchers.
1 июля обанкротившийся криптокредитор Celsius Network планирует продать альткоины на сумму $215 млн, что станет беспрецедентной ликвидацией активов. Пока криптовалютный рынок пытается перевести дыхание, одна известная компания уже готовится к взрыву, который может эхом прокатиться по коридорам цифровой валюты.
The OCC is replacing its Office of Innovation with a new body that will help it stay on top of fintech developments and emerging risks.
The loss occurred while Alameda Research’s liquidators were attempting to close a borrow position on Aave but instead removed the extra collateral used for the position.