December 25, 2023 By Anjali Kochhar This year has seen major advancements in the adoption of laws and regulations pertaining to cryptocurrencies in more than 40 countries, suggesting a growing worldwide trend in this direction. These countries have launched a number of measures to create laws and regulations that are especially suited to the cryptocurrency […]

December 25, 2023 By Sharan Kaur Phillora Hong Kong is set to usher in the New Year with a new set of regulations aimed at tightening the reins on cryptocurrency exchanges. Starting January 1, 2024, inter-exchange deposits and withdrawals will undergo stricter scrutiny, primarily impacting local crypto users. Here’s what we know: The so-called ‘Travel

December 22, 2023 By Sharan Kaur Phillora As we head into 2024, major financial firms like JPMorgan and the Hong Kong and Shanghai Banking Corporation (HSBC) are significantly increasing their involvement in blockchain technology, marking a notable shift in adopting distributed ledger technology (DLT) within the traditional finance sector. This move reflects a broader trend among

December 21, 2023 By Sharan Kaur Phillora The crypto world is witnessing a new frenzy with the rise of hybrid NFTs, or Ordinal Inscriptions, causing significant congestion on blockchains. These NFTs, initially popular on Bitcoin, are now spreading across various smaller blockchains, pushing up transaction fees and in some instances, slowing down the networks. Here’s

December 21, 2023 By Anjali Kochhar BlockShow, a significant international conference focused on the blockchain and cryptocurrency space, is returning after a four-year gap. Together with BlockDown Festival, which is supported by PR firm EAK Digital, the two events will bring a festival-style Web3 event to Hong Kong in 2024. BlockShow was founded in 2016

December 20, 2023 By Anjali Kochhar By combining the knowledge of five major banks, including Credit Agricole CIB and HSBC Holdings Plc, to spearhead a series of digital green bond offerings, Hong Kong has made a big step toward becoming a leader in digital asset finance in Asia. This project demonstrates the city’s dedication to

December 20, 2023 By Sharan Kaur Phillora The blockchain gaming market, which integrates video games with cryptography-based blockchain technologies, is poised for substantial growth. According to Fortune Business Insights, the market’s value, estimated at USD 128.62 billion in 2022, is projected to skyrocket to USD 614.91 billion by 2030. This represents a Compound Annual Growth

December 19, 2023 By Anjali Kochhar According to a press statement given to Bitcoin Magazine, Metagood, a blockchain technology and digital assets firm, announced the successful conclusion of a $5 million series seed investment round aimed at growing its Osura marketplace, centered on art inside the Bitcoin ecosystem. According to Danny Yang, CEO of Metagood,

December 19, 2023 By Sharan Kaur Phillora China Mobile Hong Kong (CMHK), a leading mobile carrier, has announced a significant milestone in the digital landscape with the launch of its pioneering NFT marketplace, LinkNFT. This groundbreaking development coincides with the massive success of its MyLink lifestyle app, which has garnered over 7 million users, showcasing the

December 18, 2023 By Anjali Kochhar The Securities and Exchange Commission (SEC) has made public the scope of its fiscal year 2023 operations and priorities, demonstrating a strong commitment to overseeing and protecting the rapidly changing cryptocurrency market. The SEC’s numerous divisions focused on strengthening investor protection, maintaining market integrity, and adjusting to the ever-changing