A new study conducted by IoT Analytics sheds light on how proper data management systems could help propel the adoption of AI to greater heights and how this could affect enterprises in the long run.
The Bank of Israel launched the challenge to explore the feasibility of issuing a digital shekel, inspired by the Bank for International Settlements and Bank of England’s Project Rosalind.
Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable" rules to ensure the safe growth of the industry.
The HSBC-owned bank told digital asset firms to use simple accounts as they are struggling to utilize banking services amidst maturing digital currency landscape.
The Hong Kong Monetary Authority reiterated that it had not placed any bans on Bitcoin banking and urged banks to play nice with VASPs, amid rising interest in Bitcoin from top banks.
In a new video, Calvin Ayre—founder of Ayre Ventures, investor in enterprise blockchain tech firm nChain and (full disclosure) CoinGeek founder—reveals his commitment to realizing the promise of Metanet.
CEO Noel Quinn says he’s “very comfortable with tokenization” and pledged to keep expanding HSBC’s offerings, which include tokenized gold for retail customers.
Many may see Hong Kong's latest regulation as a welcoming to digital asset exchanges, but the stringent requirements for licenses and compliance seem to tell otherwise.
Hong Kong is poised for second tokenized green bond launch in February 2024, leveraging blockchain for efficiency and transparency in collaboration with leading banks.
Hearings at the U.S. Congress in previous years and the divided stance of authorities over digital assets and blockchain only proved a lack of complete understanding regarding emerging technologies.
The Hong Kong Monetary Authority’s pilot will explore six categories of use cases, including offline payments, tokenized deposits, and settlement of Web3 transactions.
The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to two years due to the amendments the legislature will have to make to give the CBDC legal backing.
