Catenaa, Sunday, April 06, 2025-Global crypto investment products attracted $226 million in net inflows last week, marking the second straight week of gains, according to asset manager CoinShares. Bitcoin led with $195 million in inflows, while altcoins based funds saw positive movement for the first time in five weeks. Despite nine consecutive days of inflows, […]
Catenaa, Saturday, June 31, 2025-Hong Kong-based food conglomerate DDC Enterprise Ltd. announced a $1 billion Bitcoin accumulation strategy, signaling a major shift in corporate treasury management akin to MicroStrategy’s pioneering BTC investment. The company aims to acquire 5,000 bitcoins by mid-2027, starting with an initial purchase of 21 BTC valued at $2.28 million. DDC described […]
Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]
Catenaa, Tuesday, April 08, 2025-CPIC Investment Management Hong Kong (CPICIMHK) has launched the city’s first tokenized USD money market fund, marking a milestone in blockchain finance. Dubbed CPIC Estable MMF, the private fund digitizes shares on the blockchain for transparent ownership tracking. The fund debuted with an initial $100 million subscription on the HashKey Chain, […]
Catenaa, Wednesday, April 16, 2025-Hong Kong’s residential rental market, traditionally slow due to weak demand, is experiencing a resurgence thanks to a wave of professionals from the crypto and hedge fund sectors. A new report from property consultancy Savills Hong Kong revealed that the first quarter of 2025 saw leasing activity focused on Kowloon and […]
Catenaa, Wednesday, February 19, 2025- The increasing demand for Hong Kong (HK) equities has caused local banks to borrow $ 707 million to maintain interbank liquidity on Tuesday, the largest overnight cash amount since 2019. Data compiled by Bloomberg said the Hong Kong Monetary Authority has loaned out HK$ 5.5 billion ($ 707 million) through its so-called […]
Catenaa, Tuesday, February 18, 2025 – Hong Kong’s (HK) Hang Seng TECH Index, which represents the 30 largest listed technology companies, recorded a 3-year high on Tuesday after it gained over 3% fueled by the Al rally and promised relief by Chinese President Xi Jinping. Hoever, China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes moved little […]
Catenaa, Friday, April 11, 2025- Hong Kong Securities and Futures Commission (SFC) has granted approval for licensed crypto platforms and exchange-traded funds (ETFs) to offer staking services. The development is part of Hong Kong’s broader strategy to become a global cryptocurrency hub. In a statement released Monday, the SFC outlined regulatory guidelines for virtual asset […]
Catenaa, Thursday, December 19, 2024 – Hong Kong Securities and Futures Commission has granted licenses to another four cryptocurrency exchanges, further strengthening the city’s bid to become a global hub for digital asset trading. According to a Reuters report the approved platforms—Accumulus GBA Technology, DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales […]
Catenaa, Wednesday, May 21, 2025- Lawmakers in Hong Kong passed landmark legislation Wednesday to establish a licensing regime for stablecoin issuers, becoming one of the first global financial hubs to formalize oversight of fiat-referenced digital assets. The “Stablecoins Ordinance,” passed in its third reading by the Legislative Council, mandates that any entity seeking to issue […]
Catenaa, Tuesday, March, 11, 2025-The Hong Kong government has issued a warning about a fraudulent cryptocurrency scheme involving a fake digital coin dubbed the “National Hong Kong Coin,” which was promoted through a fake social media account impersonating the city’s Chief Executive, John Lee Ka-chiu. The scam, which falsely claimed that the coin was built […]
Catenaa, Tuesday, April 01, 2025- The Hong Kong Web3 Festival 2025 will be held from April 6 to 9 at the Hong Kong Convention and Exhibition Centre, showcasing a robust agenda with over 30 sessions on Web3 topics. The event will feature discussions on Web3 regulation, crypto finance, AI integration, and decentralized infrastructure. Notable sessions […]
Catenaa, December 26, 2024 – Singapore and Hong Kong have emerged as key players in cryptocurrency regulation in 2024, implementing frameworks for exchanges, stablecoins, and asset tokenization. Singapore strengthened its oversight in April, introducing stricter rules for crypto custodial services and tokenized payments. The Monetary Authority of Singapore’s Project Guardian has completed over 15 industry […]
Catenaa, Tuesday, January 21, 2025 – ZA Bank, the city’s largest digital neobank, is reportedly considering opening physical branches in Hong Kong, taking advantage of new regulations by the Hong Kong Monetary Authority (HKMA). Under the updated rules, digital banks in Hong Kong are now permitted to operate a limited number of physical locations, a […]