Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Listed company AMTD IDEA plans to include cryptocurrencies in its liquidity reserves, with BTC, ETH, and USDT being the preferred options.
4hours ago

AMTD IDEA (AMTD), a dual-listed company on the New York Stock Exchange and the Singapore Exchange, announced that its subsidiary, AMTD Digital, and holding company, The Generation Essentials Group, will incorporate cryptocurrencies into their liquidity reserves. Currently, the three companies have approximately $240 million in liquidity reserves, comprised of cash in banks, as well as unsecured, unpledged, and liquid assets. The proposed crypto asset portfolio will prioritize Bitcoin, Ethereum, and Tether. (PRNewswire)