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Cryptos

HKMA Outlines Plans for Digital Currency

By Elaine Yu HONG KONG--The Hong Kong Monetary Authority said it would start paving the way for a potential launch of an e-HKD in the future, in order to fully prepare the city for a central bank digital currency should the opportunity arise. Howard Lee, deputy chief executive of the HKMA, said the specific use cases…
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Disgraced Luna founder Do Kwon says he’s not on the run. But no one knows where he is.

The person most closely associated with last spring’s crypto crash appears to be on the run after an arrest warrant was issued for him — and investigators have asked for Interpol’s help to track him down.Do Kwon, the South Korean developer of the TerraUSD and Luna cryptocurrencies, is believed to have been in Singapore since at least the spring,…
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Cryptocurrency, NFTs draw some film financiers

“Computers are useless,” Pablo Picasso exclaimed more than 50 years ago. “They can only give you answers.” No doubt he would be turning in his grave at today’s alliance of computer programs, tech companies and digital artists clustering together to create non-fungible tokens (NFTs). It’s a quickly evolving and potentially very risky…
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