Regulation
Hong Kong seeks to allow crypto futures ETFs
The city is seeking to allow digital asset-based exchange-traded funds (ETFs) to be publicly listed and traded in the city.
Ningwei Qin
Contributor
Ningwei Qin
Ningwei is a Research Associate at Forkast. She focuses on China beat with her previous experiences in major Chinese media of Caixin, CCTV and People's Daily. Ningwei holds a Masters degree in Journalism from the University of Hong Kong.
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Regulation
Hong Kong set to relaunch itself as digital asset hub with revamped policies
When China banned cryptocurrency trading and mining in September 2021, it was feared that policy would make its way into Hong Kong. Seems that concern is getting a rethink.
Ningwei Qin
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Altcoins
Huobi Global to end HUSD trading, delist stablecoin
Crypto exchange Huobi Global will delist its stablecoin HUSD on Friday, refund holders 1:1 with USDT.
Ningwei Qin
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Market Analysis
Meta AR/VR arm adds to mounting losses for Facebook parent company
Meta's metaverse division Reality Labs lost US$3.7 billion in the third quarter of this year, bringing its accumulated losses in 2022 to US$9.4 billion.
Ningwei Qin
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Regulatory News
Chinese blockchain firms conducting financial businesses may be violating PBOC guidelines
The People’s Bank of China (PBOC) has reminded financial technology (fintech) firms to comply with financial laws and regulations, in the central bank’s new set of guidelines released earlier this month.
Ningwei Qin
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Advanced Blockchain Technologies
BIS, Goldman Sachs, HKMA test tokenized green bond project Genesis 2.0
Genesis 2.0 aims to explore tokenized carbon credits and IoT facilities to monitor green bond issuers' emission-reducing commitment.
Ningwei Qin
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Advanced Blockchain Technologies
‘Chinese Netflix’ iQIYI taps smart contract ERC-3475 to resolve copyright disputes
iQIYI, one of China's largest online video platforms with over 100 million subscribers, is tapping Ethereum smart contract standard ERC-3475 to solve copyright-related issues, according to a press release on Sunday from the standard's inventor, decentralized bond protocol DeBond.
Ningwei Qin
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Altcoins
Jack Dorsey-founded decentralized social protocol Bluesky gets 30K signups for waiting list
Bluesky, the decentralized social media protocol founded by former Twitter CEO Jack Dorsey, announced on Friday morning Hong Kong time that 30,000 people had signed up on its preview app waitlist 48 hours after it was announced.
Ningwei Qin
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Bitcoin News
Hong Kong digital asset firm sets up US$50 mln fund to expand mining business amid crypto winter
Hong Kong-based digital asset management firm JKL Group will set up a US$50 million fund to buy more mining machines to further expand its mining facilities, despite the current crypto winter.
Ningwei Qin
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Altcoins
Aptos rollout faulted for slow processing speeds; native token plunges
The blockchain network was built by former members of the Meta stablecoin project, with well-known investors and considerable buzz as the new ‘Solana killer.’
Ningwei Qin
