In July, the United States set a global benchmark for digital dollars with the passage of the GENIUS Act, the first federal …
Kong
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Founder of Binance CZ, Changpeng Zhao, opined that Hong Kong ought to have more cryptocurrencies opened up. Hong Kong simply allows being …
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Regulation
HSBC on the hook for $4.2 million after Hong Kong regulators find disclosure breaches
by shayaanby shayaanHSBC was fined $537,683 by regulators in Hong Kong for disclosure lapses after an investigation by Hong Kong regulators. Based on a …
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Hong Kong is moving fast to build its digital finance market through real-world asset (RWA) tokenization, exchange-traded funds (ETFs), and new stablecoin …
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Hong Kong’s financial sector is grappling with an unprecedented surge of interest in real-world asset (RWA) tokenization as mainland Chinese institutions pour …
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Although the Stablecoin Ordinance was initially introduced in Hong Kong on the first of August 2024, it became officially enacted on August …
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A Hong Kong Securities and Futures Commission (SFC) official has warned that the introduction of the new local stablecoin regulatory framework has …
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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 …
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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 …
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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 …