Tag: Hong Kong

Could 2022 be the year of the CBDC?

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

Crypto unicorn Babel Finance closes another funding round just 12 months...

Wholesale crypto financial services provider Babel Finance has scored $80m in its Series B funding round, just four months after its former round.

Hong Kong-based ESG data startup Allinfra scores $6m

Hong Kong-based Allinfra, which is helping institutions meets sustainability goals, has scored $6m in funding.

Planto, Cogo partner to bring carbon footprint tool to Hong Kong...

Personal finance management app Planto has teamed up with carbon footprint tracking platform Cogo with the goal to promote sustainability within banks.

Digital wealth management solution Quantifeed scores Series C

Quantifeed, which claims to be Asia leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.

Hong Kong police arrest 17 over money laundering syndicate plan

Hong Kong police have arrested 17 people and broke apart a syndicate that has been laundering HK$97m over the past 16 months.

SEBA Bank, HashKey team up to drive digital assets in Hong...

HashKey Digital Asset Group and SEBA Bank have signed a partnership as they look to help accelerate adoption of digital assets in Hong Kong and Switzerland.

Hong Kong’s StockViva nabs $3m

Hong Kong-based StockViva, which offers a financial real-time analytics platform, has reportedly raised $3m in its Series A funding round.

Hong Kong-based Babel Finance closes Series A

Hong Kong-based Babel Finance has closed its Series A on $40m to support the development of its crypto finance platform.

HKMA proposes bank-like regulations on stablecoins

The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.

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