In brief
The AI firm aims to acquire up to 3,000 BTC over 12 months despite thin reserves.
Its latest earnings flagged “significant doubt” about continued operations.
Analysts told Decrypt such moves may…
In brief
OSL Group is raising HK$2.36 billion (US$300 million) through new share issuance.
About $90 million is earmarked for stablecoin and payment infrastructure.
Observers say the move positions OSL to capitalize on…
Hong Kong will start enforcing its Stablecoin Ordinance on Aug. 1, making it illegal to offer or promote unlicensed fiat-referenced stablecoins (FRS) to retail investors. The new law introduces criminal penalties…
iFX EXPO, the world’s leading expo organisers for the online trading industry, is officially heading to Hong Kong for iFX EXPO Asia 2025, taking place from the 26th to the…
China Merchants Bank's (CMBI) brokerage arm has attained a virtual assets license from Hong Kong, becoming the first Mainland China broker to do so, South China Morning Post (SCMP) said.The…
Hong Kong’s stablecoin licensing regime, set to begin on August 1, is drawing significant interest from the region’s financial and tech heavyweights, with local media in China reporting that over…
In brief
Shenzhen officials have urged the public to report scams tied to stablecoins.
The warning comes a week after e-commerce giant JD.com warned of fake coin promotions.
Neighboring Hong Kong is expected…
Hong Kong plans to expand its tokenized bond program, as the government prepares a third batch of tokenized green bonds and signals intentions to make such issuances a regular feature…
In brief
DDC Enterprise has closed a $528 million capital raise, the company said Tuesday.
It will use the funds to buy Bitcoin, with the aim to purchase 5,000 BTC over the…
In brief
New rules are set to take effect in August, requiring licenses for fiat-referenced stablecoin issuers operating in the city.
Financial Secretary Paul Chan has linked stablecoins to de-dollarization and regional…