Yahoo launching Metaverse events for Hong Kong residents under restrictions
Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA.
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Samsung Asset Management to launch blockchain ETF in Hong Kong
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.
This key Ethereum price metric shows ETH traders aren’t as bearish as they appear
Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900.
Hong Kong Regulator Warns of Securitization Risks for NFTs
The Securities and Futures Commission (SFC) of Hong Kong recently issued a statement on the financial and legal risks surrounding non-fungible tokens (NFTs). It claims that such tokens are not…
Hong Kong’s Securities and Futures Commission warn of nonfungible token risks
The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs.
NFT Gaming is Most Popular in India (Report)
A recent study conducted by Finder estimated that 34% of the Indian respondents had played a play-to-earn (P2E) game. Hong Kong (29%) ranked second, while the UAE held the third…
Crypto Company Babel Finance Raises $80 Million, Valuation Hits $2 Billion (Report)
Babel Finance – a cryptocurrency service provider that offers digital asset lending – reportedly secured $80 million in a Series B financing round. The investment boosted the company’s valuation to…
HSBC to Allow Wealthy Asian Customers to Invest in the Metaverse (Report)
HSBC, a former cryptocurrency critic, continues with its involvement with the Metaverse after its recent partnership with The Sandbox. The latest initiative will allow certain Hong Kong- and Singapore-based investors…
HSBC debuts metaverse investment fund in Asia: Report
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.
New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021.