Cynthia Chung

Journalist CryptoSlate

Cynthia is an avid writer who is fascinated by the potential of blockchain tech. She also resonates with Web3 values, especially creative expression and individ…

Author Stats

Total Articles 54

Since Aug 2022

Last Active Nov 18, 2022

Primary Beat Adoption

Censorship

Binance founder CZ confirms $500M equity investment to back Musk’s Twitter deal

Binance founder CZ confirmed a $500 million equity investment to support Elon Musk's acqusition of Twitter, describing it as "a small contribution" to help realize the new vision for Twitter.

3 years ago

CBDCs

Hong Kong Monetary Authority announces success and key findings from CBDC project, mBridge

Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.

4 years ago

CBDCs

Australia confirms crypto transactions will be subject to capital gains tax

In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.

4 years ago

Regulation

Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins

Monetary Authority of Singapore (MAS) published two consultation papers with a host of new regulatory measures to limit activities of digital payment token services, stablecoin issuers and their customers.

4 years ago

Regulation

South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws

South Korea's Financial Services Commission will look into virtual asset exchanges and customers who hold significant portions of single-listed coins and stablecoins to prevent money laundering.

4 years ago

Regulation

Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin

The Australian Securities and Investment Commission stated that the company made misled more than 79,000 individuals and entities issued with Qoin tokens about the token's utility.

4 years ago

CBDCs

Japan Credit Bureau to test credit card-based CBDC settlement solutions

Japan Credit Bureau announced it will start the “JCBDC“ pilot project to test contactless credit-card based settlement solutions for general use retail CBDC despite the central banks' cancellation of its CBDC project.

4 years ago

Adoption

Microsoft Cloud UAE prepares to offer tools to build the Metaverse

Microsoft Cloud UAE COO Ihsan Anabtawi revealed the company's plans and products in development for supporting companies in the metaverse.

4 years ago

Crypto

Hong Kong Chief Executive proposes statutory licensing for VASPs in his policy address

Chief Executive HKSAR John Lee mentions a bill for statutory licensing for VASPs and the city's progress in developing its CBDC in his first policy address delivered on Oct.19.

4 years ago

Crime

South Korean police raid Hancom Inc offices, chairman’s home over slush fund suspicions

South Korean investigators conducted a seizure and raid at software company Hancom Inc's offices and chairman Kim Sang-cheol's homes amid allegations of crypto price manipulation and the creation of a slush fund.

4 years ago

Regulation

South Africa deems cryptocurrency a ‘financial product’

South Africa's financial regulator, The Financial Sector Conduct Authority (FSCA) defined crypto assets as a 'financial product' subject to the same regulatory oversight as company shares, debt and any money-making instrument.

4 years ago

Adoption

Macau’s Executive Council seeks to subject digital currencies to same regulations as fiat

Macau's Executive Council submitted a draft bill to place all currencies under the same legal scrutiny, including digital currencies.

4 years ago

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Cynthia Chung

Author Stats

Binance founder CZ confirms $500M equity investment to back Musk’s Twitter deal

Hong Kong Monetary Authority announces success and key findings from CBDC project, mBridge

Australia confirms crypto transactions will be subject to capital gains tax

Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins

South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws

Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin

Japan Credit Bureau to test credit card-based CBDC settlement solutions

Microsoft Cloud UAE prepares to offer tools to build the Metaverse

Hong Kong Chief Executive proposes statutory licensing for VASPs in his policy address

South Korean police raid Hancom Inc offices, chairman’s home over slush fund suspicions

South Africa deems cryptocurrency a ‘financial product’

Macau’s Executive Council seeks to subject digital currencies to same regulations as fiat

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