Tech /
Blockchain
Digital currencies
Hong Kong bitcoin ETFs could open to some mainland investors under new measures
New rules further opening up China’s financial markets could give some mainlanders access to cryptocurrency investment products for the first time.
23 Jan 2025 - 6:30PM
Blockchain
Trump’s meme coin draws billions in crypto trading volume
20 Jan 2025 - 9:58AM
Blockchain
Trump plans to make cryptocurrency a national priority, sources say
17 Jan 2025 - 1:30PM
Blockchain
BitMEX fined US$100 million for violating anti-money-laundering laws
Prosecutors accuse BitMEX and its founders of failing to adopt anti-money-laundering and “know your customer” programmes.
16 Jan 2025 - 11:01AM
BitMEX has been fined US$100 million for anti-money-laundering violations. Photo: SCMP
Tencent
US trade office removes Tencent’s WeChat from counterfeit sellers list
WeChat was among six online Chinese platforms and nine bricks-and-mortar sellers added to the counterfeit goods list in 2022.
9 Jan 2025 - 3:54PM
Blockchain
Bitcoin doubles in 2024, as analysts expect more gains in 2025
‘We remain convinced US$100,000 is not the final milestone,’ analysts at brokerage Bernstein say.
2 Jan 2025 - 10:04AM
Advertisement
Advertisement
Advertisement
Cryptocurrency
China’s new forex rules require banks to tighten scrutiny on crypto trades
The State Administration of Foreign Exchange wants banks to monitor and report risky trades, including those involving cryptocurrencies.
31 Dec 2024 - 9:00AM
China’s foreign exchange regulator has tightened scrutiny on commercial activities involving bitcoin and other cryptocurrencies. Photo: Shutterstock
Blockchain
Bitcoin rally loses steam in final days of record-breaking year
Bitcoin and its smaller rivals are struggling for traction, after the largest cryptocurrency surged to a record high last week.
27 Dec 2024 - 2:51PM
Digital currencies
As stablecoin bill advances in Hong Kong legislature, advocates trumpet it
Stablecoins have the ability to expand their usage in the real financial economy, according to industry experts.
13 Jan 2025 - 9:25PM
Cryptocurrency
Bitcoin records first weekly decline since Donald Trump’s US election victory
The original cryptocurrency was down more than 7 per cent for the seven-day period through 9:27am on Monday in Singapore.
23 Dec 2024 - 3:58PM
Digital currencies
Hong Kong licenses 4 more crypto exchanges amid bitcoin price surge
The approvals bring the total number of licenced virtual asset firms to seven, as Hong Kong moves to revive its crypto industry.
18 Dec 2024 - 8:56PM
People stand next to bitcoin ATMs outside a cryptocurrency exchange in Hong Kong on November 14. Photo: AFP
Cryptocurrency
Chinese fund touts offshore crypto exposure amid bitcoin boom
The fund boasted in the ad that it is heavily invested in Coinbase, a US cryptocurrency exchange listed in New York.
13 Dec 2024 - 7:00AM
Digital currencies
US bankers cautious about crypto amid expectations of regulatory easing
Goldman Sachs CEO David Solomon said the Wall Street giant would ‘evaluate’ dealing in top cryptocurrencies like bitcoin and ether if rules change.
12 Dec 2024 - 11:40AM
Semiconductors
China launches antitrust probe into US chip giant Nvidia in tech war escalation
The action is an apparent response to Washington’s tightened chip restrictions against China.
9 Dec 2024 - 9:20PM
47
Digital currencies
Hong Kong’s crypto faithful favour local regulations, fear ‘unpredictable’ Trump
The chair of the Silk Road Economic Development Research Centre said the city still has a chance to lead in Web3 in the next decade.
7 Dec 2024 - 7:47AM
Some still see room for Hong Kong to be a global leader in cryptocurrency, even as momentum shifts to the US in anticipation of Donald Trump’s return to the presidency. Photo: Shutterstock
Digital currencies
Hong Kong to introduce stablecoin bill to regulate virtual token
The government published the Stablecoins Bill in the gazette on December 6; first reading in the Legislative Council set for December 18.
6 Dec 2024 - 7:45PM
videocam
Digital currencies
China’s selfie app Meitu sells all crypto before bitcoin hit US$100,000
Meitu netted US$80 million on bitcoin and ether holdings, exiting the crypto market amid a historic rally after the US re-elected Donald Trump.
5 Dec 2024 - 1:00PM
videocam
6
Advertisement
Advertisement
Advertisement
Cryptocurrency
Bitcoin tops US$100,000 for the first time on Trump crypto bump
Bitcoin has more than doubled in value this year and is up more than 45% in the four weeks since Trump’s election win.
5 Dec 2024 - 1:59PM
Bitcoin tokens and a price chart are seen in this illustration picture taken November 21, 2024. Photo: Reuters
Digital currencies
Bybit CEO says Chinese can trade crypto though VPN, but not with yuan
Bybit CEO Ben Zhou says the company plans to reapply for a Hong Kong licence next year even though regulators bar selling crypto to mainlanders.
5 Dec 2024 - 11:06PM
videocam
Digital currencies
Decentralised kingdom: bitcoin’s Trump bump and how China lost its crypto crown
As the world’s factory, China cornered the market on bitcoin mining, leading to a flurry of crypto business activity before a harsh crackdown in 2021.
13 Jan 2025 - 2:32PM
videocam
24
Blockchain
Hong Kong offers grants to boost tokenised bond issuance
The city’s de facto central bank is handing out up to HK$2.5 million in subsidies per issuance to qualified tokenised-bond issuers.
28 Nov 2024 - 7:00PM
Cryptocurrency
Justin Sun invests US$30 million in Trump crypto tokens after banana artwork deal
Sun’s moves come amid booming cryptocurrency prices fuelled by excitement around the re-election of former US president Donald Trump.
27 Nov 2024 - 6:00PM
Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, US, July 27, 2024. Photo: Reuters
Semiconductors
Nvidia meets Chinese trade negotiator as fresh US chip sanctions loom
China’s top trade negotiator and key figure during Trump’s first term met Nvidia’s global business head amid reports of fresh US export restrictions.
25 Nov 2024 - 9:10PM
Blockchain
Bitcoin’s march towards historic US$100,000 level stalls
‘Bitcoin was extremely overbought since the election,’ one analyst says.
25 Nov 2024 - 9:51AM
Blockchain
Bitcoin hits US$97,000 as crypto sector seeks White House post
The world’s largest digital asset reaches an all-time high in Asia on Thursday.
21 Nov 2024 - 1:51PM
OPINION
James David Spellman
Opinion
|
Why central banks must quickly but conscientiously reckon with AI
2 Jul 2024 - 4:30PM
Danny Chong
Opinion
|
How crypto can help restore Hong Kong’s financial glory
2 Jun 2024 - 6:26AM
TRENDING TOPICS
Huawei
Artificial intelligence
Smartphones
Alibaba
Tencent
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW