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Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department

According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny.

NFTs Went Mainstream Yesterday

January 21, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The Federal Reserve released its long-awaited report on stablecoins. The[...]

The post NFTs Went Mainstream Yesterday appeared first on Unchained Podcast.

LooksRare Surges to $7B Valuation as Torrid Volumes Fuel Staking Rewards

LooksRare is making a move in the NFT market.

Charles Schwab CEO: ‘Crypto Is Hard To Ignore’

In an interview on Wednesday (January 19), Walter W. Bettinger II, the CEO of Charles Schwab Corporation (NYSE: SCHW) — which is “the largest publicly traded investment services firm in the United States”) — shared his thoughts on crypto. Bettinger has been CEO of Schwab since late 2008 and he was President from 2007 to […]

MicroStrategy CEO Michael Saylor Explains Why Bitcoin Is Both a Blessing and a Curse

In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), shared his latest thoughts on Bitcoin and more specifically its price action. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to […]

Gender disparity in cryptocurrency trading is still high

Recently, there has been a growing interest in the crypto space with more individuals and corporate brands hopping on the moving train.

Change at the top for Credit Suisse as Horta-Osório resigns as chairman

Horta-Osório resigns after it was found he broke Swiss and UK Covid-19 isolation rules.

2022’s First SPAC and Metaverse Investment Opportunities Virtual Investment Conference in Hong Kong

HONG KONG, Jan 21, 2022 - (ACN Newswire) - LBS (Leverage Big Strategies) Communications Consulting Limited ("LBS"), a professional strategy-based investor relations consulting firm based the Greater China region with global presence, today successfully organized the first Virtual Investment Conference, "Invest For a Better World With Innovation - from SPAC to the Metaverse" in 2022, along with New Vision Asset Management and Mileage Communications from Singapore and under the support from our media platform partner, Futu and Hong Kong Economic Digest.


Over 20 industry leaders and professional institutional investors analysed the listing overview and options of Special Purpose Acquisition Companies ("SPACs") in the United States, Hong Kong, and Singapore, and explored the winning strategy of digital asset investment in Metaverse via a virtual forum and exhibition booths. The forum was supported by Futu as the platform partner and Economic Digest as media partner.

LBS invited a number of speakers to tap into the two hottest topics in the capital market - SPAC and the market development of Metaverse through multiple subdivided presentations. In the morning session, Mr. Claudius Tsang, CEO at A SPAC (Holdings) Group Corp., Mr. Robson Lee, Partner at Gibson Dunn, Mr. Gordon Tsang, Partner at Stevenson Wong & Co. analysed the listing mechanism and risk factors of SPAC in the United States, Hong Kong and Singapore, and Mr. Yiu Ting Tsoi, the CEO of HB Ventures to explain the successful IR strategy in SPAC and De-SPAC process as well as the successful positioning and investment strategy of SPAC.

In the afternoon session which focuses on Metaverse investment, Mr. James Lei, Chief Technical Adviser of Joint Labs in Asia at Ether Data explained the effective strategies for the real economy to master the wave of virtual reality; Mr. Gilbert Ng, Founder at Mura Capital described the compliance trend and regulatory direction of the virtual market; Mr. Robert Luo, Co-founder at NVC Media introduced GameFi, the most advanced virtual development trend and Mr. Evan Auyang, the Group President of Animoca Brands unveiled the unique investment strategies of Animoca Brands which is not only limited to the hottest metaverse - Sandbox.

In addition, the forum included two panel discussions, during which panelists explained to participants the composition of SPAC and De-SPAC, the key strategies to maximizing the return on investment of investors and start-ups, and the winning strategy of investing in Metaverse. The panelists actively shared their own experiences and unique insights in a welcoming and inquisitive meeting atmosphere. More than 300 professional investors, institutional investors, executives of listed companies and representatives of start-ups attended the virtual forum, and many of the participants gathered in the virtual lounge area afterwards to further exchange their thoughts and experiences in these important subject areas.

Ms. Joanne Chan, Managing Director at LBS Communications Consulting Limited stated: "The Metaverse has inevitably become a hot topic in the investment community, as it's a new field that Big Tech and gaming companies are competing to develop. Even international renowned sports brands have taken the opportunity to acquire virtual shoe brand companies to tap into the market. At the same time, the Hong Kong Stock Exchange has formally implemented the SPAC listing mechanism. In other words, many emerging and innovative companies may become targets of mergers and acquisitions, providing an additional financing channel for start-ups that are interested to enter the Metaverse."

Taking advantage of this market trend, LBS held the first online forum on Metaverse in Hong Kong and invited many senior experts and investors to share their own experience and first-hand industry insights from a forward-looking perspective. This created an effective communication platform for the capital market and disseminated investment information that keeps pace with the times, gaining high recognition from the industry. In the era of diversified development of capital markets, we are happy to see more opportunities relating to the development of the market and enterprises. We are also glad to see that potential start-ups or enterprises in emerging industries can gain more sustainable development momentum and achieve a win-win situation.

"As the organizer of this Metaverse investment forum, LBS will continue to leverage on its objective and original aspiration of "Leverage Big Strategy" after 11 years of development. LBS will bolster its traditional financial communications and investor relations services by aligning with clients' strategies and maximizing results, so that investors around the world can keep abreast of the latest developments of their clients and be apprised of market trends to continuously expand business coverage and services. For example, ESG helps companies to explore and take advantage of exploring new opportunities beyond traditional investment areas in the field of sustainable development and to create more opportunities for customers to communicate with investors. With the rapid recovery of the global economy in the post-pandemic era, LBS also hopes that, apart from Greater China, this forum will also look ahead to other international markets and develop diversified information dissemination channels," she said.

List of honorable speakers in the SPAC session
-- Mr. Claudius Tsang, CEO, A SPAC (Holdings) Group Corp.
-- Mr. Robson Lee, Partner, Gibson Dunn (Leading law firm in Singapore)
-- Mr. Gordon Tsang, Partner, Stevenson, Wong & Co. (Leading law firm in Hong Kong)
-- Mr. Yiu Ting Tsoi, CEO of HB Ventures
-- Mr. Gary Chan, CEO - Greater China, The CFO Centre

List of honorable speakers in the Metaverse Digital Asset Allocation Strategy
-- Mr. Evan Auyang, Group President, Animoca Brands
-- Mr. Ben Caselin, Head of Research & Strategy, Atom Asset Exchange (AAX)
-- Mr. Wuszt Wu, Head of Huobi Key Account, Asia Pacific, Huobi Global
-- Mr. Fred Wong, Founder and CIO, eFusion Capital
-- Dr. James Lei, Chief Technical Adviser of Joint Labs in Asia, Ether Data
-- Mr. Kenneth Wang, CPO and Investment Manager, New Vision
-- Mr. Gilbert Ng, Founder, Mura Capital (Experienced legal consultant on crypto)
-- Mr. Robert Luo, Co-Founder, NVC Media

Featured HK Unicorn and Startups
-- Avalon Biomedical Management - Public health and infection control
-- RV Auto Tech - Automation robotics technologies and SaaS platform for global
-- Prenetics - A major global diagnostics and genetic testing company with a team of over 700 employees and operations across 9 locations and will list on Nasdaq following merger with Artisan Acquisition, a SPAC founded by Adrian Cheng.
-- iRecycle - AI and big data analysis to maximize coverage and efficiency in recycling business.
-- ESG Growth - First of its kind in HK for in-house ESG data management SaaS platform
-- Neufast - multi-lingual AI Video Interview cloud solution provider with 50 years in data science, recruitment & I/O Psychol
-- Digit Sense - digitial transformation total solutions provider with global presense

Featured Digital Assets Investment
-- New Vision - One-stop digital asset platform encompassing brokerage, fund management, fintech trading solutions and VC investment opportunities
-- NVC - GameFi Investment
-- Animoca Brands - Well-known globally as Sandbox's parent company, it owns a broad portfolio of blockchain games and is a prolific investor with over 150 investments in NFT-related blockchain companies
-- Huobi Global - World-leading cryptocurrency exchanges & digital asset management services for tens of millions of users in over 170 countries and regions
-- Huobi Tech - Leading provider of compliant, safe and reliable virtual asset services for professional individuals and institutional investors around the world.
-- AAX - A borderless exchange that caters to a global audienceand the first exchnage to be powered by LSEG technology, and offer high-yield savings packages, 100 spot pairs, deeply liquid futures markets, regular discounts on major tokens and a range of on-ramps.
-- Ether Data - A decentralized all-purpose computing system based on the technology of the Ethereum Smart Contract and Disk Storage Banking (DSB) distributive storage.

For more information about the conference, please visit www.lbs-forum.com

About LBS Communications Consulting Limited
LBS Leverage Big Strategies - Sustainability Investor Relations is a strategy-based consulting company based in Hong Kong with offices in Shenzhen and Shanghai. We are also the exclusive partner of PRGN (www.prgn.com) in Hong Kong and the Greater China. Our talent is to drive change for our clients. With over two decades of experiences in investor and financial communications, we endeavour to stretch our expertise to sustainability investor relations that join hand with our clients in making a better world. Our strategies and services are tailor-made to bridge and foster the relationships between our clients and their multiple stakeholders. Our clientele spans across different industries such as power and utilities, medicare, telecommunications and IT, retail and consumer, metal and resources, education and training, hospitality and travel. We care and manage the value and brands of our clients.


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comLBS (Leverage Big Strategies) Communications Consulting Limited ("LBS"), a professional strategy-based investor relations consulting firm based the Greater China region with global presence, today successfully organized the first Virtual Investment Conference

ASIC Selects 5 Regtech Firms to Solve Corporate Disclosure Challenges

The Australian financial market regulator, ASIC, has selected five regulatory technology (regtech) companies to the Business Research and Innovation Initiative (BRII) to find a solution to the chal...

Yeahka ranks No. 1 in the non-bank independent QR code payment service market in China

HONG KONG, Jan 21, 2022 - (ACN Newswire) - According to the "Thematic analysis on industrial payment in China in 2021" report recently published by the Chinese consulting firm Analysys, Yeahka Limited ("Yeahka" or the "Company") (09923.HK) ranks first in China's non-bank independent QR code payment service market, in terms of its all-round strength based on measures such as transaction volume and merchant number.

According to the report, based on Yeahka's interim results for 2021, the payment business performed strongly, reaching a transaction size of 990.41billion RMB with a year-on-year increase of 56.1%. The proportion of App-based transaction volume rised from 55.8% in 2020 to 61.8% in 2021, witnessing a year-on-year increase of 72.9%, earning Yeahka the title of No. 1 in the non-bank independent QR code payment service market in China.

The report also cited Yeahka as an example to outline the development strategy and improvement roadmap for the payment industry in China: Utilizing insights from different use-case scenarios as the core, and connections to the ecosystem and specialized in-depth services as the foundation. The report summarized four key attributes for payment institutions to enable transformation of industrial payment: data empowerment, scenario insights, ecosystem connection and specialized services.

Yeahka's latest core strategy of in-store e-commerce business was also highly recognized. The report stated that the in-store e-commerce business can efficiently leverage Yeahka's existing capabilities such as online and offline channels, R&D and operational know-hows and has strong growth potential. Yeahka will further expand investment, enrich product offerings, expand operation channels and enhance team effectiveness, further deepening the connection with merchants and consumers.

About YEAHKA LIMITED (Stock Code: 9923.HK)
Yeahka is a leading payment-based technology platform dedicated to creating value for merchants and consumers. Yeahka's vision is to build a commercial digitalized ecosystem to enable seamless, convenient and reliable payment transactions among merchants and consumers , and to further provide a rich portfolio of diversified technology-enabled business services, including SaaS digital solutions, which help customers improve their operating efficiency; precision marketing services, which allow customers to effectively reach their target markets; fintech services, which satisfy customers' diversified financing needs; and in-store e-commerce services, which helps merchants to increase sales and consumers to enjoy local lifestyle discount benefits.


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAccording to the "Thematic analysis on industrial payment in China in 2021" report recently published by the Chinese consulting firm Analysys, Yeahka Limited ("Yeahka" or the "Company") (09923.HK) ranks first in China's non-bank independent QR code payment service market, in terms of its all-round strength based on measures such as transaction volume and merchant number.

Australia’s plan to create a crypto competitive edge in 12 steps

A recent Senate report on digital asset regulation is a pro-crypto statement of intent from the Australian government that the world can learn from.

MoU Between Verofax Asia and Distichain to Enable Empowered Digital Global Trade

DUBAI / KUALA LUMPUR, Jan 21, 2022 - (ACN Newswire) - Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr. Haisam Jamal, CEO of Distichain. The event took place at the Address Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.



The aim of the MoU is to create the first digital ASEAN B2B cross-border trade platform to facilitate a potential of RM 50 Billion Malaysian trade internationally with seamless digital transactions over the next 5 to 10 years. The collaboration between Distichain and Verofax Asia will offer a platform that delivers Digital B2B marketplaces as a service (MAAS) to enterprises by offering full marketplaces or through API integration.

Using blockchain and AI as core technologies, the platform digitizes global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. The solution enables suppliers to readily plug their catalogs, update product data, manage routes and orders, verify documentation and access aggregate financing and logistics all in one place. This unique platform that simplifies, secures, and empowers every participant in a trade.

"The signing of this MoU is an important step for Distichain's ambition to continue the further development and expansion of its solution. We are especially pleased to be taking this step alongside our partner Verofax Asia, and impact the ASEAN trading industry with rapid digital transformation through our one-day marketplace activation approach," said Mr Haisam Jamal.

Captain Koh added, "This platform will instantly digitalize the entire export and import process in governmental, non-governmental enterprises as well as SMEs. It will generate low-cost opportunity to digitize processes, introduce trade finance and automate supply-chain across all industries, accelerating economic growth in Malaysia and the ASEAN region. Through this partnership agreement signed today, we will further develop our technologies to meet the ongoing digitalization of international trade. Verofax Asia will have a massive impact on the performances of exports and imports with rapid digitalization, all the while building a resilient digital infrastructure and foster innovation for the recently signed Regional Comprehensive Economic Participation (RCEP) Trade Agreement, which came into effect on 1st January 2022."

About Verofax:
Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide 'Traceability as a Service', enabling brands to turn their offline products interactive, and manage their entire supply chain to trace goods, fend off counterfeit activities, and improve manufacturers' productivity. Brands can extend their reach directly to end-consumers, thereby increasing consumer intimacy with direct engagement, and leveraging the boom in NFTs and metaverse experiences. Visit: www.verofax.com, or Email: [email protected].

About Distichain:
Distichain delivers B2B marketplaces as a service (MAAS) to customers using blockchain and AI, digitizing global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. SMEs and enterprises alike benefit from automated transactions governed by the system to deliver door-to-door border agnostic trading, with on-platform trade compliance present rules. Using smart contracts, Distichain ensures the highest levels of data privacy, and by connecting to innovative solutions within Fintech and Supply Chain, it facilitates transactions backed by instant trade finance with zero email trading. Distichain's objectives are to simplify cross-border trading, secure end-to-end transactions, and empower decision-makers with real-time AI analytics. Visit: www.distichain.com, or Email: [email protected].

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAn MoU was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr.Haisam Jamal, CEO of Distichain. The event took place in the Address Hotel Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.

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