China Moves to Issue First Stablecoins via Hong Kong

China Moves to Issue First Stablecoins via Hong Kong

China is taking a significant step into the digital currency arena by preparing to launch its first stablecoins through Hong Kong. This move reflects a strategic effort by Beijing to reduce dependence on the U.S. dollar and strengthen the...

DL Holdings Unveils $83M Crypto Push Amid Market Caution

DL Holdings Unveils $83M Crypto Push Amid Market Caution

DL Holdings has announced a HK$653.3 million (US$83.2 million) capital raise to accelerate its expansion into crypto and blockchain-related ventures, even as its stock took a hit following the news. In a filing to the Hong Kong Stock Exchange,...

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