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” Hong Kong working on investor protection regulations, says central bank exec “ Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand (BOT) and the Bank for International Settlements (BIS). A panel…
“Biden’s COVID-protest double standard, debt freeze and other commentary” Libertarian: Joe’s COVID-Protest Double Standard The White House’s “everyone has the right to peacefully protest” line on the demonstrations in China unrest has one problem, notes Reason’s Christian Britschgi: “Recent revelations show that closer to home, the administration actively encouraged a civil liberties-violating crackdown on Canadian…
” Amber Group’s co-founder Tiantian Kullander passes away at 30 “ Amber Group’s co-founder Tiantian Kullander, also known as TT, unexpectedly passed away in his sleep on Nov. 23, according to the company’s official website. Tiantian was 30 years old and leaves behind a wife and a son. Besides co-founding the Hong Kong-based Amber Group,…
” Hong Kong believes stablecoin volatility can spillover to traditional finance “ The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over…
“Christie’s cancels T-rex auction after scientist claims it reused bones of another dinosaur” Christie’s canceled a $20 million auction of a nearly complete Tyrannosaurus rex skeleton after a paleontologist accused the British auction house of using bones from a different dinosaur. Esteemed paleontologist Pete Larson told the News York Times that bones from the T-rex…
” FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong “ In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency retail services in Hong Kong, announced it will cease trading and shutter operations, according to reports. According…
” Could Hong Kong really become China’s proxy in crypto? “ With its partial autonomy, the island city of Hong Kong has traditionally served as “a gate to China” — the local trade center, backed by transparent English-style common law and an openly pro-business government strategy. Could the harbor, home to seven million inhabitants, inherit…
“Weed lobby’s dangerous wins, Brittney Griner’s harrowing ordeal and other commentary” Drug watch: Weed Lobby’s Dangerous Wins “This year’s midterm ballot measures to legalize marijuana across five different states are more evidence of the weed lobby’s advancements,” argues Mark Haskins at The Federalist. But “today, many of the arguments made by the pro-marijuana movement” —…
” Hong Kong to avoid FTX-like scenario through transparency and supervision “ Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong Kong called for a stronger focus on transparency and proper supervision when dealing with virtual assets. Financial Secretary…
“Hong Kong TV show slammed for putting characters in ‘blackface’” One of Hong Kong’s top broadcasters has aired a TV show with characters in blackface, just months after it was accused of racism for putting an actor in brownface. Blackface is considered highly offensive and racist in many parts of the world – especially in…