HashKey to start Bitcoin and Ether retail trading in Hong Kong from Aug. 28
HashKey, along with OSL, received a major license upgrade on Aug.3 clearing their way to offer crypto trading services to retail customers. Go to Source
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Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” Go to Source Powered by WPeMatico
Hong Kong debuts retail crypto trading with HashKey exchange
HashKey becomes one of the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong. Go to Source Powered by WPeMatico
Thailand launches retail CBDC pilot with 2 banks and Singapore payment service
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app. Go to Source Powered by WPeMatico
Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research. Go to Source Powered by WPeMatico
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s … Read more
IMF offers Jordan’s central bank recommendations for implementing retail CBDC
The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report. Go to Source Powered by WPeMatico
Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes
The cryptocurrency exchange recently cut 20% of its staff, but now it will increase personnel in Hong Kong from 50 to 200. Go to Source Powered by WPeMatico
Digital pound could co-exist with private stablecoins — UK central bank
The central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins. Go to Source Powered by WPeMatico
Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa
Grocery retailer Pick n Pay is expanding its Bitcoin coverage to all stores in the country following a three-month pilot testing phase. Go to Source Powered by WPeMatico
