CRYPTOCURRENCY
HKMA Celebrates Migration of Consumer Credit Services to Credit Data Smart
The Hong Kong Monetary Authority (HKMA) applauds the transition of consumer credit reference services to Credit Data Smart, enhancing competition and service quality in Hong Kong's financial sector.
Hong Kong Credit Card Receivables Slightly Decline in Q3 2024
The Hong Kong Monetary Authority reports a 0.6% decrease in credit card receivables for Q3 2024, with the delinquent and rescheduled ratio rising to 0.40%.
CoreWeave Secures $650 Million Credit Facility to Fuel AI Expansion
CoreWeave announces a $650 million credit facility led by major banks to support its global expansion and AI infrastructure growth, highlighting its position as a leader in AI cloud solutions.
Flowcarbon Refunds Investors After Canceling Token Launch
Flowcarbon refunds investors after its planned Goddess Nature Token launch fails due to market challenges and regulatory resistance.
Hong Kong Monetary Authority Releases Q2 2024 Credit Card Lending Survey Results
The Hong Kong Monetary Authority reports a 0.2% decline in total card receivables in Q2 2024, with delinquent and rescheduled ratios slightly increasing.
Hong Kong Monetary Authority Reports Stable Credit Conditions for SMEs in Q2 2024
The HKMA's survey indicates stable credit conditions for SMEs in Q2 2024, with a slight increase in positive perceptions.
HKMA Addresses Nova Credit Limited's Operational Cessation and Exit from Credit Data Smart
The Hong Kong Monetary Authority (HKMA) responds to Nova Credit Limited's decision to cease operations and exit Credit Data Smart, ensuring data security.
Gala Games Partners with Coinflow for Enhanced Credit Card Payments
Gala Games announces a partnership with Coinflow to streamline credit card payments, offering users a seamless transaction experience and a limited-time rebate.
HKMA Releases Q1 2024 Payment Card Statistics Showing Growth in Credit Card Transactions
The Hong Kong Monetary Authority (HKMA) has published the first-quarter 2024 statistics on payment cards issued in Hong Kong, revealing notable trends in credit and debit card usage.
FTX Unveils Billions Repayment Plan to Compensate Creditors
FTX has announced a repayment plan to repay creditors and compensate for time value of investments, but valuation concerns remain over its effectiveness.