Regulation
Hong Kong CBDC project looks to commercialize for cross-border payments
Eddie Yue, CEO of Hong Kong Monetary Authority lays out the future of the territory’s digital currency at a Hong Kong Academy of Finance event.
Michelle Lim
Contributor
Michelle Lim
Michelle is a journalist at Forkast. Prior to joining the team, she wrote for CNN and served with the Singapore Foreign Service. She holds a Master of Journalism from the University of Hong Kong and a Bachelor of Business Administration from the National University of Singapore.
- Stories
- 445
-
-
Regulation
Will Basel Committee’s proposed rules for crypto banking fly?
The standards-setter for banks around the world wants to subject crypto like Bitcoin to higher capital requirements. What do industry players think?
Michelle Lim
-
DeFi News
Huobi’s public blockchain expands with Animoca, CoinMarketCap and DeFi projects
Huobi Eco Chain, an open-source, decentralized public blockchain, today announced 11 new partners, including Hong Kong-based blockchain gaming company Animoca Brands and crypto data website CoinMarketCap — which is owned by Huobi rival Binance — that will run validating nodes to improve the stability and decentralization of the network. Fast facts Other new validators include […]
Michelle Lim
-
Investment Insights
CoinShares acquires Elwood’s Global Blockchain Equity Index
CoinShares, Europe’s largest digital asset investment firm, today announced that is acquiring Elwood Technologies’ Exchange Traded Fund Index Business and its equity research unit in a US$17 million equity swap. Fast facts The deal will see CoinShares adding over US$1 billion in assets under management through the Invesco Elwood Global Blockchain Equity UCITS ETF, which […]
Michelle Lim
-
Investment Insights
Bitcoin and Ethereum see positive institutional investment flows as Grayscale adds Cardano to large cap fund
Institutional sentiment appears to be shifting back to being positive toward crypto as crypto investment products saw inflows of US$63 million for the first time in five weeks, according to a report by CoinShares, Europe’s largest digital asset investment firm. Previously, there were four straight weeks of crypto fund outflows. Fast facts: “For the first […]
Michelle Lim
-
DeFi News
Cardano expands access to ecosystem with Nexo and Orion partnerships
Input Output Hong Kong, one of the companies behind the Cardano blockchain, is expanding the Cardano ecosystem through partnerships with Nexo, a cryptocurrency lending platform and decentralized finance liquidity aggregator Orion Protocol. Fast facts Input Output Hong Kong is partnering with Nexo to integrate ADA — the native cryptocurrency of the Cardano blockchain — to the […]
Michelle Lim
-
Altcoins
Ether hits two-week high as Ethereum’s London upgrade nears
The price of Ether has jumped to a fortnight high as Ethereum’s London EIP-1559 upgrade draws close and investors look to get back into alt-coins.
Michelle Lim
-
Regulation
Coinbase seeks ‘hundreds’ of engineers for India tech hub
Despite uncertainty surrounding cryptocurrency regulation in India, Coinbase — the largest cryptocurrency exchange in the United States — is stepping up its expansion plans in the world’s second-most populous country and home to fast-growing projects such as Polygon and Instadapp. Fast facts Coinbase is looking to build out its India tech hub, which was announced […]
Michelle Lim
-
NFT Marketplaces
Mintable closes $13M series-A, set to integrate Ripple XRP Ledger
Mintable, a Singapore-based non-fungible token platform, this week closed a US$13 million series-A funding round, with U.S. payments technology company Ripple Labs investing. Fast facts Mintable, currently built on the Ethereum and Zilliqa blockchains, enables users to create, buy and sell NFTs using fiat or cryptocurrency. Mintable intends to use the fresh capital to scale […]
Michelle Lim
-
Regulatory News
Crypto exchange Binance in regulators’ crosshairs as scrutiny mounts
As countries step up their implementation of the Financial Action Task Force’s standards, the list of regulators that have Binance in their crosshairs just keeps growing longer. Fast facts Thailand’s Securities and Exchange Commission today filed a criminal complaint against Binance — the world’s largest cryptocurrency exchange by trading volume — for operating a digital asset […]
Michelle Lim
