bitcoin

Tech

Market crash hits crypto investors amid Hong Kong’s efforts to build virtual assets sector

Bitcoin, the world’s largest cryptocurrency token, briefly tumbled below US$50,000 on Monday during one of the worst global markets sell-off…

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Tech

Online brokerage Futu offers crypto trading in Hong Kong, with Nvidia, Alibaba stock as reward

Futu Securities International, Hong Kong’s largest online broker, has launched retail cryptocurrency trading in the city, offering shares of Alibaba…

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New Business

China’s consumers dig deep amid economic concerns with splurge on gold bars, coins

Limited access to alternative investment channels and hedging tools, such as bitcoin, and concerns over China’s economic prospects led to…

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New Business

Opinion | How America’s national debt has become the world’s liability

Put in perspective, the size of the global financial system per the Financial Stability Board at the end of 2022…

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Tech

Bitcoin rises above US$20,000 for first time after sustained rally

Leading virtual currency bitcoin on Wednesday traded above US$20,000 for the first time following a sustained run higher in recent…

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Tech

New anti-money-laundering regulations should exclude Hong Kong’s bitcoin ATMs to sustain innovation, says industry body

There are roughly 60 bitcoin automatic teller machines (ATMs) across the city where users can buy and sell bitcoin and…

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Tech

Hong Kong blockchain gaming firm Animoca sets sights on recovery after listless 2023

Animoca said its cash and stablecoin balance declined to US$175 million at the end of 2023, from US$194 million as…

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