A Hong Kong Company’s Bold Bitcoin Bet In a move that signals a significant shift in corporate financial strategy, Ming Shing Group Holdings Limited, a Hong Kong-based company historically focused on wet trades, has announced a landmark deal. The firm has committed to purchasing 4,250 Bitcoin in a transaction valued at nearly $483 million. This…
Elena Chen, a blockchain developer and DeFi security auditor who has worked on smart contract infrastructure and Ethereum Layer-2 systems since 2017, views this shift as a structural turning point. “From a code-first perspective, eliminating fiat conversion removes a fundamental mismatch between how on-chain capital flows and how regulated funds have historically operated,” she explains.…
Wednesday, 30 April 2023, 09:30 CET | News – HashKey Capital has received regulatory approval from Hong Kong’s Securities and Futures Commission (SFC) for enabling in-kind subscriptions to its HashKey Digital Investment Fund. Such approval permits active contributions from investors of a wider range of digital assets into the fund. This mechanism marks a significant…
