Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a pilot program to use the electronic Hong Kong dollar (e-HKD) for after-hours derivatives margin payments. This initiative tests the use of a wholesale central bank digital currency (CBDC) in a live market environment, aiming to enhance payment efficiency and security outside regular trading hours. The pilot's success could pave the way for broader adoption of CBDC in financial markets, improving liquidity and risk management.
NIRI Florida has announced its Board of Directors for the 2026-2027 term, with Charlotte Murnan appointed as President. The board includes professionals from various companies, focusing on growing membership and delivering valuable programming for in...
7th Avenue, a Los Angeles-based modern furniture brand, has opened its first showroom on Long Island at Walt Whitman Shops in Huntington Station, New York. This 1,206-square-foot experiential space allows customers to try and customize modular sofas ...
SK Hynix, a trillion-dollar South Korean chipmaker, will start trading on Nasdaq under the ticker SKHY on July 10, marking its first US listing. Following this, GraniteShares will launch two ETFs on July 13: a 2x long ETF (SKUU) and a 2x short ETF (S...
In Q2 2026, publicly listed companies purchased about 110,000 Bitcoin, nearly doubling the combined net buying of the previous two quarters, indicating strong institutional demand despite ongoing ETF outflows and bearish market signals. Bitcoin has t...
XRP's price increased by about 1.6% following SWIFT's announcement of a blockchain payments pilot involving 17 banks, including those connected to Ripple. The pilot aims to test distributed ledger technology for international payments, but analysts c...
