Cryptocurrencies can be tied to a traditional fiat currency to be used in lieu of the latter for payment. Photo: Getty Images

    Tokenisation: can Hong Kong unlock real-world asset potential?

    One of the most exciting uses of the blockchain is the tokenisation of real world assets – the ability to represent traditional financial assets as digital units. In theory, you can tokenise anything: funds, stocks, bonds, commodities, real estate, private equity – even artworks. There are a number of compelling advantages to doing so, especially…

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    China must not be sold latest cutting-edge technology, former US commerce secretary says

    China must not be sold latest cutting-edge technology, former US commerce secretary says

    One of the architects of former US President Joe Biden’s tech export controls warned on Thursday that Washington needs better coordination with allies to deny China access to high-end chips and cutting-edge products, criticising a plan by US President Donald Trump’s administration to allow sales of certain Nvidia chips. Citing Beijing’s massive spending on efforts…

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    EU says ‘worst-case scenario avoided’ as China moves to restart Nexperia chip exports

    EU says ‘worst-case scenario avoided’ as China moves to restart Nexperia chip exports

    The European Commission says a “worst case scenario” has been averted, after China’s commerce ministry engaged with European companies in recent days to restart the flow of semiconductors that had been disrupted by a crisis surrounding the company Nexperia. The saga, which saw the Dutch-headquartered company cut off from its Chinese processing facilities following a…

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    China gives green light to group travel to Canada after Xi-Carney summit

    China gives green light to group travel to Canada after Xi-Carney summit

    Chinese foreign ministry spokeswoman Mao Ning made the announcement on Monday, ending a prolonged Covid-19-era freeze that left Canada off China’s outbound tour lists, even as group travel resumed to more than 130 other destinations. Mao said the decision was taken after “comprehensive” consideration of Chinese travellers’ demands and destination safety. “The move will further…

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