HONG KONG - Hong Kong Exchanges and Clearing Limited (HKEX) has launched a cryptocurrency benchmark to meet the city's demand for real-time data on the emerging asset class.
Hong Kong's stock exchange operator announced the HKEX Virtual Asset Index Series on Oct 28, which will provide single, real-time and daily reference prices for Bitcoin and Ether in the Asian time zone.
The index will go live on Nov 15.
"We've seen rising demand for this fast-emerging asset class and, with that, a greater need for transparent and reliable benchmarks to enhance understanding and price discovery," a HKEX spokesperson told The Straits Times.
When asked if the index would be expanded to include other virtual assets and digital currencies, the spokesperson noted that "the current focus will be on successfully launching the index series and educating the market".
Diese Geschichte stammt aus der October 29, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 29, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Star producer of NewJeans quits after legal spat with BTS agency
The South Korean super-producer behind the chart-topping girl group NewJeans resigned from her label on Nov 20, following a protracted legal battle with Hybe that has rocked the country's K-pop industry.
One Direction stars attend Liam Payne's funeral in UK
Family and friends of One Direction star Liam Payne, who died in October after falling from a Buenos Aires hotel room, gathered for his funeral in Britain on Nov 20.
Composer A.R. Rahman and wife separate after 29 years of marriage
Oscar-winning composer A.R. Rahman and his wife, Saira, have announced their decision to part ways after nearly 30 years of marriage.
Audemars Piguet joins hands with Kaws for groovy new drop
Audemars Piguet has teamed up with contemporary American artist Brian Donnelly - better known by his pseudonym Kaws - to create the Royal Oak Concept Tourbillon Companion, a 43mm titanium horological knockout which groovily fuses high watchmaking and pop art.
LOCAL DESIGNERS GET WICKED
Singapore fashion designers have created clothes and accessories in a Wicked collaboration between Design Orchard and NBCUniversal
Captain America excited to flaunt new powers
No serum? No problem. New Captain America Anthony Mackie goes on a different flight path in upcoming movie
SBA RESHUFFLE NETS KIM
S. Korea's ex-Asiad champ will become Singapore women's singles head coach
Yeo targets top-l O spot after maiden win over Sindhu
As far as giants go, they do not come taller in the badminton women's singles circuit than India's 1.79m P. V. Sindhu, who has a 2019 world title and an Olympic silver (Rio 2016) and bronze (Tokyo 2020) to match her stature.
Hearing-impaired Audelle, 10, is rising chess star
It was only when Audelle Sim was six years old that her parents found out that she has a hearing impairment.
THE BEST OF CHESS AND MORE
S,pore world c'ship's side events include fan zones with grandmasters and exhibitions
