Author: Thomas Schmidt

After raising $500 million, global asset manager Hashkey Capital announced that a new fund, “Hashkey Fintech Investment III”, was closed amid the crypto market slump. Hashkey stated that the fund received strong support from institutional investors, including sovereign wealth funds, well-respected family offices, and corporations. Hashkey Capital, which manages over $1 billion in customer assets, is Asia’s largest […]

In a podcast episode, Mark Cuban, a billionaire, shared his views on and bitcoin. Cuban made the remarks during a broad-ranging appearance on a forthcoming episode of Bill Maher’s podcast ‘Club Random. The episode will be released Monday. According to the Dallas Mavericks owner, he wants bitcoin to drop more so that he can buy more. The prices of […]

Dave Ramsey, personal finance guru and Ramsey Solutions CEO, spoke out on Friday’s implosion cryptocurrency exchange FTX. Ramsey is a self-described personal money management expert and calls himself America’s trusted voice about money. He is the author seven of the most popular books in America, which have sold over 11 million copies. Ramsey, a long-time crypto […]

Bloomberg reported Thursday that Hong Kong is considering relaxing its cryptocurrency regulations to allow retail trading. The publication, which elaborates: After years of skepticism, Hong Kong will legalize crypto retail trading starting March. This is a stark contrast with mainland China’s ban. The news outlet said that regulators want retail exchanges to be able to […]

In the remaining months of this year, Hong Kong will begin to test a currency called e-HKD. This digital version of the Hong Kong dollars, is being tested in Hong Kong. The trial will be made easier by legislative amendments being passed and the creation of the necessary infrastructure to support it, according to the Hong […]