“[At Tether] we are bitcoiners at heart. We believe in the bitcoin mission that is bringing financial freedom to the world,” Ardoino said in a chat conducted over Keet on Wednesday. “If you have financial freedom, but you don’t have freedom of speech … we...
“Most of our investments are all over the world. But our priority in terms of building out infrastructure and building out business operations is definitely Saudi,” Siu said. “Also, Saudi is a market in itself, with a very strong gaming population.”Hong Kong’s Animoca secures US$50...
Hong Kong’s de facto central bank has announced the launch of a stablecoin “sandbox”, allowing companies to trial cryptocurrency tokens pegged to fiat currency in the city, the Hong Kong Monetary Authority (HKMA) announced on Tuesday.The purpose of the sandbox is to allow for stablecoin...
The 2025 Consensus, one of the world’s biggest cryptocurrency-themed conferences, will be held in Hong Kong as the city’s government woos global virtual asset businesses in an effort to become a hub.The event will take place at the Hong Kong Convention and Exhibition Centre next...
China will soon implement revisions to its outdated Anti-Money-Laundering (AML) Law, in a move that legal experts see as a way to address the growing risks associated with virtual assets.A draft amendment to the existing AML law, which was enacted in 2006 and took effect...
Chinese authorities have reiterated the need for technological breakthroughs in a range of hi-tech areas, including graphics processing units (GPUs), quantum computing, humanoid robots and brain-computer interfaces, in Beijing’s latest effort to seek control of “the industries of the future”.A document issued on Monday by...
China’s Ministry of Industry and Information Technology (MIIT) has assembled 60 experts, including some from the country’s largest technology firms, to form a new working group to establish standards for the metaverse sector.Representatives from telecoms equipment giant Huawei Technologies, video gaming titans Tencent Holdings and...
Eleven spot bitcoin ETFs – including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others – began trading on Thursday, following the US Securities and Exchange Commission’s landmark approval that is expected to help bring the cryptocurrency industry closer...
The explainer, “Common Misunderstandings Regarding Personal Income Tax on Business Income and Categorised Income”, became widely circulated on Sunday after it was published on WeChat by the Shanghai tax service on Thursday. It cited a 2008 statement by the State Taxation Administration (STA).That prompted...