On January 24, Russian President Vladimir Putin said on Friday that he is open to discussions with U.S. President Donald Trump on issues such as the Ukraine crisis and energy prices. But Putin said Ukrainian President Vladimir Zelensky signed a decree banning him from negotiating with Putin, which complicated the issue of negotiating with Ukraine.
On January 23rd, OKX President Hong said in an interview with CoinDesk that although DEX transaction volume has increased by 20 times on the OKX platform, DEX and CEX are not antagonistic, but complementary. Hong added that crypto native users need the reliability of CEX, while using DEX to capture innovation opportunities. She said that such supply and demand dynamics will...
Hong Kong semiconductor plate plunged in the afternoon, SMIC International (00981.HK) fell nearly 6%, Hongguang Semiconductor (06908.HK) fell nearly 2%, Huahong Semiconductor (01347.HK) and so fell.
On January 23rd, OKX President Hong said in an interview with CoinDesk that discussions around the adoption of cryptocurrency institutions and the risks of centralized custody are driving a significant increase in the popularity of self-custody. Hong pointed out that while institutional adoption of cryptoassets and the rise of crypto ETFs are positive signals for the development of the industry, these trends have also raised concerns about the centralization of custody.
According to techinasia, the Legislative Council of Hong Kong, China, discussed the proposed stablecoin bill on January 23. This was the first meeting of the bill since its first reading on December 18, 2024. Key officials, including Deputy Secretary General for Financial Services and the Treasury Francis Ho, outlined the regulatory framework for stablecoins. The bill requires issuers to obtain a license from the HKMA and maintain a reserve of high-quality, highly liquid assets. The proposed leg...
On January 22, according to a report by Zhitong Financial Network, Ye Zhiheng, executive director of the intermediary department of the Hong Kong Securities Supervision Commission, revealed that the new license of the virtual asset trading platform will be approved in the near future, and it is expected that there will be good news in Quarter 1 in 2025. It is reported that the regulator has completed on-site inspections of all applicants, and there are currently 11 platforms in the application l...
Bank of Communications Hong Kong Branch recently issued a US $300 million unsecured floating rate digital bond with a maturity of three years. This is the first digital native bond of Bank of China, issued using the HSBC Orion digital asset platform and cleared through the Hong Kong Central Securities Depository (CMU). Moody's has given the bond a preliminary A2 rating, equivalent to a traditional bond issue, despite its negative outlook on China's sovereign rating. Moody's believes that the ris...
WeBank's wholly-owned subsidiary WeBank Technology held an inauguration ceremony in Hong Kong with a registered capital of US $150 million. It is reported that WeBank Technology will provide support for the innovative development of Hong Kong's tokenization market based on the accumulation of blockchain technology and industrial application practices, and help Hong Kong build an innovative financial marekt infrastructure. Previously, WeBank Technology has joined the framework working group of En...
The approval of Hong Kong as the LME delivery location will bring efficient and comprehensive services to the global metals market.
The main contracts of oil and oil futures are red across the board, with soybean oil rising by more than 2%, palm oil, rapeseed meal, and soybean meal rising by more than 1%, and rapeseed oil and beans rising by nearly 1%.
Hong Kong stocks continued to strengthen, JD.com (09618.HK) rose nearly 6%, Alibaba (09988.HK) rose more than 5%, Tencent Holdings (00700.HK) rose more than 2%.
Industry insiders said that counterfeit products may have more room to rise after Trump returns to the White House than one bitcoin, and "counterfeit products coins" usually refer to cryptocurrencies with a market value smaller than bitcoin. Samir Kerbage, chief investment officer at Hashdex, pointed out that counterfeit products could benefit more from digital asset-friendly regulatory environments, while Katherine Kirkpatrick Bos, general counsel at StarkWare, said that Bitcoin has always had ...
On January 18th, in the last trading week before Trump's return to the White House, positive inflation data and dovish remarks by Federal Reserve Governor Waller have revived market interest rate cut expectations. Currency markets are currently trading on 20% of GDP.