A stablecoin called First Digital USD lost its dollar peg after Tron founder Justin Sun claimed that its issuer is ...

The birth of the Hong Kong dollar was in 1846, when the city’s first bank, Oriental Bank, issued the first banknote. Hong Kong’s currency now comprises coins and banknotes in different sizes ...

In conclusion, the Hong Kong dollar represents our identity and culture. Coins which feature Britain’s Queen Elizabeth are still in circulation. They reflect our colonial history, which is ...

Former Binance CEO Changpeng Zhao made a rare public appearance in Hong Kong Sunday, revealing he rarely trades cryptocurrency despite founding the world’s largest exchanges. The appearance was ...

Hong Kong’s SFC allows licensed platforms to offer crypto staking, setting rules to reduce risks and protect customers.

Global stablecoin market hits $220B as Hong Kong advances regulatory framework for digital assets. Financial institutions explore multi-currency options beyond USD dominance, with Asian companies ...

Chinese crypto scams are employing hybrid online and offline tactics. A South Korean arcade hides behind a Bitcoin mine. Asia ...

First Digital USD (FDUSD) crashed and de-pegged as low as 13% after Justin Sun claimed its issuer, First Digital Trust, did ...

Techteryx says it was the victim of what it called "large-scale fraud" rendering TUSD's stablecoin reserves stuck in illiquid ...

First Digital Labs has published a report confirming that its FDUSD stablecoin remains fully backed by reserves.

According to a Hong Kong court filings, Justin Sun stepped in to bail out Techteryx’s TrueUSD (TUSD) stablecoin after it saw ...

New York (CNN) — The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although ...