As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China.
BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1. Hong Kong Monetary Authority joins with Bank of Israel to investigate CBDC cybersecurity. China media watchdog: NFTs are digital publications and need to be censored.
The Hong Kong Monetary Authority to launch a study into digital currency feasibility. Survey finds Australian millennials favor investing in crypto over real estate and holding bank accounts. UNICEF Innovation Fund picks seven blockchain startups for funding.