Hong Kong

Highlights: Hong Kong’s financial regulator will issue only a few stablecoin licenses initially, despite strong interest. Prominent financial institutions, including HSBC and ICBC, have applied for Hong Kong stablecoin licenses. Hong Kong’s careful rollout seeks to safeguard users and strengthen […]

Highlights: CZ wants Hong Kong to grow crypto services and compete with top global markets. The city aims to be a trusted hub for Bitcoin liquidity and blockchain growth. Hong Kong plans new regulations to support digital assets and stay […]

Highlights: Metalpha Partners with AMINA Bank to roll out Principal Fund I in Hong Kong. The crypto equity fund targets professional investors with a $1M minimum entry. Since August 2024, Principal Fund I has been more than 20% ahead of […]

Highlights: Ming Shing to buy 4,250 Bitcoin worth $483M using convertible financial instruments. Stock jumps 29% after deal announcement, reflecting investor optimism in crypto strategy. More companies are buying Bitcoin and adding it to their treasury reserves. Hong Kong-based Ming […]

Highlights: SFC sets strict custody standards for crypto exchanges after global breaches. Licensed platforms must improve wallet systems and transaction controls. The rules aim to secure Hong Kong’s role in the global crypto market. Hong Kong’s Securities and Futures Commission […]

Highlights: China cracks down on stablecoin promotion amid fraud risks. Despite the crackdown, China explores yuan-backed stablecoins. Hong Kong’s stablecoin policies signal a different approach. China is cracking down on the promotion of stablecoins, concerned that emerging risks revolve around […]

Highlights: Animoca and partners seek stablecoin license from Hong Kong regulator. Hong Kong establishes strict guidelines for stablecoin issuers to guarantee safety and transparency. Major companies like JD.com and Ant are planning to launch stablecoins under new regulations. On August […]

Highlights: Hong Kong has finalized its stablecoin rules and will start them next month. HKMA has warned the public against trusting unlicensed stablecoin issuers. JD.com plans to launch a stablecoin tied to the Hong Kong dollar. The Hong Kong Monetary […]

Highlights: OSL Group raised $300 million to speed up stablecoin and payment network development. Investor confidence grows as OSL stock jumps 120% despite a discounted fundraising share price. New acquisitions and licenses position OSL as a major regulated crypto industry […]

Highlights: Hong Kong will ban unlicensed stablecoin promotions to protect retail users starting August 1 under new rules. Most stablecoin applicants in Hong Kong lack clear plans, as only a few licenses will be granted in the first phase. The […]

Highlights: Hong Kong will issue a third tokenized green bond as part of its plan to modernize financial markets. The Treasury Department will expand tokenization to precious metals and investment products. A new framework will guide stablecoin licensing and the […]

Highlights: HashKey Chain and GF Securities have teamed up to launch the first end-to-end tokenized security in Hong Kong. GF Token accrues daily interest and allows multi-channel investor access. Tokenized assets come in USD, HKD, and offshore yuan for professional […]