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  • Crypto Chirps: HSBC China Takes Flight with e-CNY, S. Korea Eyes NFT Regs, Saudi Joins CBDC Trial, and Arbitrum Lures Games with $215M Fund

Crypto Chirps: HSBC China Takes Flight with e-CNY, S. Korea Eyes NFT Regs, Saudi Joins CBDC Trial, and Arbitrum Lures Games with $215M Fund

Our little canary spies have a scoop on some global crypto news. HSBC China becomes the first foreign bank to offer digital yuan services, letting businesses manage e-CNY assets. South Korea is keeping a watchful eye on NFTs, considering classifying some as regular cryptocurrencies. Meanwhile, Saudi Arabia is spreading its wings and joining a project testing digital currencies for smoother cross-border payments. And finally, Arbitrum's taking flight with a new program to attract game developers to its platform with a cool $215M fund.

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