hong kong
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Tech News
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC Holdings on Thursday announced a blockchain-backed banking initiative in Hong Kong. The bank said its tokenised deposit service is…
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Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
Hong Kong’s legislature passed a stablecoin bill on Wednesday that establishes a licensing regime for fiat-referenced stablecoin issuers in Hong Kong, providing regulatory clarity for upcoming stablecoin issuers. Under…
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Hong Kong Announces Supervisory Incubator to Help Banks Safely Test Blockchain Technology
The Hong Kong Monetary Authority (HKMA) has established a ‘Supervisory Incubator’ that will help banks develop and test the use…
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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong is moving swiftly to regulate stablecoins, signalling their potential integration into the region’s financial systems. Regulators have drafted…
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Hong Kong’s HKMI to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
Hong Kong is actively accelerating efforts to give its fiat currency, the Hong Kong Dollar (HKD), a blockchain revamp. The…
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Hong Kong to Launch ‘Inverse Bitcoin ETF’ for First Time in Asia
Asia’s first inverse Bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to…
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Hong Kong to Explore Legislations Around Crypto, Sets Up Dedicated Subcommittee
Cryptocurrencies have made their mark on the fintech sector in several nations but have met with regulatory challenges because of…
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Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD
The introduction of central bank digital currency (CBDC) by central banks in different parts of the world has emerged among…
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After India and China, Now Hong Kong Accelerates CBDC Work With a Special Twist: Here’s What We Know
After India and China, that have led the CBDC revolution in Asia, Hong Kong is accelerating its efforts to introduce…
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Huobi Exchange Seeks Licence in Hong Kong, Its Native HT Token Surges Overnight
The Huobi Exchange is planning to expand its operational roots in Hong Kong. In a bid to offer its services…
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Hong Kong Amends Anti-Money Laundering Bill to Include Crypto, Here’s What it Means
Crypto assets have often drawn criticism from global lawmakers for being an instrument of facilitating anonymous money laundering procedures. Hong…
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Scams Rise by Over 105 Percent in World’s Most ‘Crypto-Ready’ Nation Hong Kong
Hong Kong, that recently topped the list of the world’s most crypto-ready nation on the Worldwide Crypto Readiness Report, is…
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