HONG KONG’S WEB3 COMPANIES REPORTEDLY INVEST UP TO $25M TO SECURE VASP LICENCES |1300 HKT | 0600 UKT | 28 June 2023

by Александр Пирогов | Jul 1, 2023 | Blog News

Web3 firms in Hong Kong are reportedly making substantial investments, ranging from HKD 20 million to HKD 200 million to secure Virtual Asset Service Provider (VASP) licenses, as reported by Foresight News. This comes after the introduction of the new VASP licensing...

FIDELITY SETS TO SUBMIT SPOT BITCOIN ETF APPLICATION |1300 HKT | 0600 UKT | 28 June 2023

by Александр Пирогов | Jul 1, 2023 | Blog News

Asset management firm Fidelity is reportedly gearing up to file for a spot bitcoin exchange-traded fund (ETF), following similar filings by BlackRock, WisdomTree, Invesco, VanEck, and Bitwise. This series of applications pushed Bitcoin to a one-year high of over...

HSBC TO LAUNCH CRYPTOCURRENCY SERVICES IN HONG KONG |1300 HKT | 0600 UKT | 27 June 2023

by Александр Пирогов | Jun 27, 2023 | Blog News

HSBC has reportedly begun offering its first local cryptocurrency services. These services will allow customers to buy and sell Bitcoin and Ether-based exchange-traded funds (ETFs) listed on the Hong Kong Stock Exchange, which currently includes CSOP Bitcoin Futures...

EU TO RELEASE DRAFT RULES FOR A DIGITAL EURO THIS WEEK |1300 HKT | 0600 UKT | 27 June 2023

by Александр Пирогов | Jun 27, 2023 | Blog News

The European Union is preparing to release draft rules to provide a legal foundation for a digital euro. The digital euro is expected for retail uses from around 2026 at the earliest if it is approved by the European Central Bank (ECB) in October. The draft rules...

SWISS CENTRAL BANK LAUNCHES WHOLESALE CBDC PILOT ON SIX DIGITAL EXCHANGE |1300 HKT | 0600 UKT | 27 June 2023

by Александр Пирогов | Jun 27, 2023 | Blog News

The Swiss National Bank (SNB) will reportedly launch a pilot program of a wholesale Central Bank Digital Currency (CBDC) on the SIX digital exchange. Speaking at the Point Zero Forum in Zurich, SNB Chairman Thomas Jordan confirmed that the digital currency will be on...

BITCOIN SOARS 25% TO ONE-YEAR HIGH AS BLACKROCK ANNOUNCES THE LAUNCH OF BITCOIN ETF|1300 HKT | 0600 UKT | 26 June 2023

by Александр Пирогов | Jun 27, 2023 | Blog News

Bitcoin experienced a surge of about 25% to reach a high not seen in over a year on 23 June, hitting $31,458. The rise of Bitcoin price has been partially driven by BlackRock’s recent announcement of its intent to introduce a Bitcoin exchange-traded fund (ETF). As the...