Hong Kong’s top financial regulators have warned investors to exercise restraint amid a flurry of speculation surrounding stablecoin licensing and the expansion …
Hong
-
-
Smart Contracts
Hong Kong’s SFC Orders Tighter Crypto Custody Standards Following Global Breaches
by shayaanby shayaanIn short Providers must use cold portfolios with air rises, hardware, applying copies and, among other things, requirements, the regulator said Friday. …
-
Regulation
Hong Kong regulators warn against hype-driven stablecoin market swings
by shayaanby shayaanHong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied …
-
Regulation
Hong Kong’s first HKD stablecoin race begins as Standard Chartered files early
by shayaanby shayaanStandard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for …
-
Another Hong Kong company is adding crypto to its treasury, but it wants to do more than passively hold it. IVD Medical …
-
Finance
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
by shayaanby shayaanStablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart …
-
Regulation
Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub
by shayaanby shayaanHong Kong officially introduced its long-awaited licensing regime for fiat-referenced stablecoins Thursday, tightening oversight of digital assets as the city pursues its …
-
Markets
Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials
by shayaanby shayaanHong Kong’s rules for stablecoin issuers took effect on Friday as the government pursues its ambitions for the crypto sector. The special …
-
Regulation
Hong Kong to Vet Stablecoin Holders, Operations Over $8,000 to Be Scrutinized
by shayaanby shayaanThe Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders will be verified using KYC methods to alleviate financial risks derived …
-
Regulation
Hong Kong to begin 6-month transition period for new stablecoin rules
by shayaanby shayaanThe Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for …