The US$6 billion in government guarantees UBS is seeking would cover the cost of winding down parts of Credit Suisse and potential litigation charges, sources said. Source link
Read More »Hong Kong investors in FTX still under cover as founder is arrested in Bahamas
Many smaller institutions have remained silent on their exposure to the collapsed cryptocurrency exchange, as founder is arrested in Bahamas. Source link
Read More »Hong Kong may benefit from FTX crash as it builds regulation for digital assets
Hong Kong, which emerged largely unscathed from the collapse of FTX, is developing a regulatory environment to turn the city into a major virtual asset hub. Source link
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