2023-1-6 14:16 |
A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins.
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First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated financial institutions.
2023-6-2 22:37 | |
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Coinspeaker First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move
2023-6-1 17:03 | |
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Wu Jiezhuang, a Hong Kong lawmaker, believes that making an e-HKD stablecoin would make adopting new Web3 technology easier.
2023-1-6 21:12 | |
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Hong Kong, Hong Kong, 13th December, 2022, Chainwire Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users.
2022-12-14 15:51 | |
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The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region.
2022-10-22 21:45 | |
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Tether Operations Limited, the Hong Kong-based firm behind the largest stablecoin by market capitalization, USDT, has revealed plans to launch another stablecoin dubbed GBPT. The token is expected to be pegged to the British Pound Sterling at a 1:1 ratio.
2022-6-22 21:12 | |
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The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar. The post DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out appeared first on BeInCrypto.
2022-5-18 18:00 | |
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Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.
2022-1-13 16:26 | |
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China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners.
2020-5-23 19:00 | |
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Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan.
2019-9-10 00:15 | |
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HashKey Capital, a venture capital firm based in Hong Kong, has recently invested in another Asian company called Terra. Terra is a stablecoin provider which also manages a payment network. Instead of using the investment to buy equity at the other company, HashKey Capital decided to buy tokens instead. The venture capital company bought several […]
2019-8-27 22:25 | |
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With TrustToken releasing its Hong Kong dollar-backed stablecoin, TrueHKD, the cryptocurrency industry bears witness to yet another fiat-pegged digital asset. TrustToken’s own stable now includes blockchain versions of the USD, CAD, AUD, and GBP.
2019-6-29 20:16 | |
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TrustToken Inc. , the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s first digital token pegged toRead MoreRead More.
2019-6-25 19:00 | |
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TrustToken, a digital stablecoin provider, today announced it is launching its first stablecoin pegged to an Asian currency, the Hong Kong dollar. The new stablecoin, TrueHKD, is fully backed by Hong Kong dollars and is launching with the support of Hong Kong-licenced digital asset custody provider Legacy Trust. TrueHKD is now available for purchase in […]
2019-6-25 02:55 | |
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Paolo Ardoino, CTO of Bitfinex, a Hong Kong-based cryptocurrency exchange revealed that Tether (USDT), a stablecoin backed by USD, will be launching on the EOS blockchain protocol. The CTO also hinted that Tether might launch on the Lightning Network by 2019’s end, according to reports released on May 31, 2019.
2019-6-2 13:00 | |
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The increase in the price and trading volume of various cryptocurrencies has promoted a lot of activity around the market behavior and has again boosted people’s interest in these new technologies.
2019-4-26 23:12 | |
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Bitspark, a firm that claims to be the world’s first bankless money transfer platform, has launched Sparkdex. HKD, the first stablecoin pegged to the Hong Kong Dollar (HKD). This is to encourage stablecoin diversification in other national currencies aside from the U.
2019-1-31 18:00 | |
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Bitspark is a money-transfer platform that functions within Hong Kong’s borders. Keeping up with their goals of using stablecoins primarily for value transfers, they have launched a new stablecoin that is directly connected to the Hong Kong Dollar (HKD).
2019-1-29 21:07 | |
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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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Hong Kong dollar is the latest fiat currency to get its own stablecoin, developed by money transfer platform Bitspark
2019-1-30 15:20 | |
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CryptoNinjas Bitspark, a cryptocurrency money transfer platform, has launched Sparkdex. HKD – the first market-ready cryptocurrency pegged to the Hong Kong Dollar (HKD). “Until now, US Dollar stablecoins have dominated the market but there are other.
2019-1-29 11:55 | |
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CoinSpeaker Coinfloor Rebrands to Shake Up the Industry with Its Stablecoin and Physical Bitcoin Futures CoinfloorEX has been reorganized. A new entity called CoinFLEX will be based in Hong Kong and will offer trading of physical cryptocurrency futures on the Asian market.
2019-1-8 14:16 | |
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Hong Kong-based crypto exchange Bitfinex has introduced margin trading for its associated stablecoin Tether
2018-12-22 04:18 | |
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PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
2018-11-6 08:15 | |
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Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform.
2018-10-16 22:42 | |
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With the volatility of the crypto market, it’s hardly surprising that people are using cryptocurrencies backed by fiat currencies, also known as stablecoins. One of the most popular among these new breeds of tokens is Tether, a stablecoin where every token is backed by one US dollar.
2018-10-12 17:19 | |
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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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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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A Hong Kong investment firm has plans to raise over HK$100 million (US$12.75 million) in order to back a Japanese Yen based stablecoin. The post Chinese Investors Keen To Back Japanese Stablecoin appeared first on Ethereum World News.
2018-9-19 15:44 | |
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Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).
2018-9-19 00:42 | |
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Featured in today’s edition of Bitcoin in Brief are a service that allows inheritance of crypto assets and a new stablecoin launched in Taiwan. Also in our daily roundup, crypto terminals have been installed by a restaurant chain in Hong Kong, and a company now offers bitcoin gift cards for easier access to the crypto […] The post The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards appeared first on Bitcoin News.
2018-7-13 12:55 | |
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Introducing Magic Launchpad, the IDO platform from Magic Square. Transforming fundraising for early-stage projects with community-driven solutions. The post Magic Square Introduces Magic Launchpad to Boost Web3 Fundraising and Community Growth appeared first on NFT News Today.
Japan's proactive legislative adjustments and Hong Kong's embrace of digital asset management have laid the foundation for a regulated web3 ecosystem in Asian nations.
Oasys, a blockchain platform focused on gaming, has announced an expanded integration with SBINFT Market, a prominent NFT marketplace operated by SBI Group’s subsidiary, SBINFT Corporation. This collaboration marks a key development for both companies as they strive to strengthen their presence in the Japanese market.
Greg Siourounis is the managing director of the Sui Foundation, advancing and supporting Sui, the layer 1 blockchain designed to make Web3 fast, private, secure, and accessible to everyone.
Notcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView.
What is Web 3, and how does it differ from previous Internet versions? Let’s find out. Web 3, the next iteration of the internet, represents a crucial change in how we interact with online content and services. Unlike its predecessor,…
A balanced reward system will need to be transparent, as well as think beyond token utility to consider the quality of engagement value.