Industry
"Cross-border Payment Pass" launched: Mainland and Hong Kong payment systems are interconnected
On the morning of June 20, the People's Bank of China and the Hong Kong Monetary Authority jointly held the launching ceremony of the "Interconnection of the Mainland and Hong Kong Fast Payment Systems" (hereinafter referred to as "Cross-bo
20 Jun 2025
Is there hope for RMB stablecoin? Hong Kong government official: Technically feasible, policy needs to be carefully weighed
Is there hope for RMB stablecoin? Hong Kong government official: Technically feasible, policy needs to be carefully weighed
In a recent media interview, Xu Zhengyu, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, responded to the question of "whether stablecoins can be pegged to the RMB". He said that based on Ho
20 Jun 2025
Masayoshi Son promotes trillion-dollar AI center, intends to join forces with TSMC and Trump team
Masayoshi Son promotes trillion-dollar AI center, intends to join forces with TSMC and Trump team
According to multiple sources familiar with the matter, SoftBank Group founder and CEO Masayoshi Son has recently been actively promoting a grand "American Artificial Intelligence Super Center" plan to TSMC (Nasdaq: TSM) and US President Tr
20 Jun 2025
Animoca Brands joins hands with Standard Chartered Bank and Hong Kong Telecom to issue Hong Kong dollar stablecoin
Animoca Brands joins hands with Standard Chartered Bank and Hong Kong Telecom to issue Hong Kong dollar stablecoin
Well-known blockchain company Animoca Brands recently announced that it is cooperating with Standard Chartered Bank and Hong Kong Telecom to set up a joint venture company to launch a stablecoin pegged to the Hong Kong dollar.In an exclusiv
20 Jun 2025
Justin Sun meets with the executive director of US Digital Assets to discuss TRON's support for the development of the US crypto industry
Justin Sun meets with the executive director of US Digital Assets to discuss TRON's support for the development of the US crypto industry
Recently, Justin Sun, founder of TRON, met with Bo Hines, executive director of Digital Assets, in the United States. The two sides had an in-depth exchange on the potential of blockchain technology and TRON ecosystem in promoting the devel
20 Jun 2025
Bitget obtains regulatory approval in Georgia to strengthen compliance layout in Eastern European market
Bitget obtains regulatory approval in Georgia to strengthen compliance layout in Eastern European market
Cryptocurrency exchange Bitget recently announced that it has obtained approval from Georgian regulators to officially operate as a digital asset exchange and custodial wallet service provider in the Tbilisi Free Zone (TFZ). This developmen
20 Jun 2025
Apple explores using AI to accelerate chip design, while Microsoft and Amazon cut manpower as they invest in AI
Apple explores using AI to accelerate chip design, while Microsoft and Amazon cut manpower as they invest in AI
As the application of generative artificial intelligence (AI) accelerates in various industries, global technology giants are accelerating the adjustment of their strategies. Apple is considering introducing AI technology into the design pr
20 Jun 2025
Visa expands stablecoin services in CEMEA, partners with African crypto platform Yellow Card
Visa expands stablecoin services in CEMEA, partners with African crypto platform Yellow Card
Payment giant Visa announced that it will fully expand its stablecoin service capabilities in the Central and Eastern Europe, Middle East and Africa (CEMEA) region and reach a strategic cooperation with Yellow Card, Africa's leading cryptoc
20 Jun 2025
Musk promotes X's transformation into a
Musk promotes X's transformation into a "super app" to expand investment and financial services functions
According to multiple sources, Musk is accelerating the transformation of his social platform X (formerly Twitter) into a "super app". Following the launch of the payment function, X plans to integrate financial services such as investment
20 Jun 2025
Conflux founder Long Fan: Support Hong Kong to explore offshore RMB stablecoins and promote the further development of Web3 policies
Conflux founder Long Fan: Support Hong Kong to explore offshore RMB stablecoins and promote the further development of Web3 policies
Long Fan, founder of Conflux Network and dean of Shanghai TreeGraph Blockchain Research Institute, recently said that as a financially open and highly free city, Hong Kong has the potential to become a national fintech test field, especiall
20 Jun 2025