Browsing: digital

Animoca Brands has formed a joint venture with Standard Chartered Bank (Hong Kong) and HKT to seek a stablecoin issuer license in Hong Kong. Summary Animoca, Standard Chartered, and HKT launch Anchorpoint to apply for an HKMA stablecoin license.The trio joined the HKMA sandbox in 2024 to test regulated stablecoins.Only a few of over 40 applicants are expected to win approval. According to an Aug. 8 press release, the new entity, Anchorpoint Financial Limited, lodged

U.K fintech company Valereum Plc is raising funds to establish its Bitcoin treasury reserve, following many other companies that have jumped on the BTC band wagon. Summary Valereum Plc plans to raise £500,000 to purchase BTC for its reserve strategy.Its stock price dipped 4.35% following news of the BTC treasury, unlike past corporate BTC treasury adoption news on the market. On August 1, the fintech company announced that it will be aiming to raise £500,000 by issui