In a significant move signaling the growing convergence of traditional finance and digital assets, global banking giant HSBC has officially launched a …
Kong
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In short The Regulation requires licenses for FIAT -referred Stablecoin (FRS) -publishers under the HKMA Publishing issues must meet the standards for …
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Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers. “Hong Kong’s …
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Adoption
Hong Kong advances stablecoin legislation introducing new rules for issuers
by shayaanby shayaanHong Kong has passed a landmark bill to regulate fiat-backed stablecoins, signaling its continued push to position itself as a global hub …
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Regulation
House Committee Pressures JPMorgan Chase, Bank of America to Abandon Major Hong Kong Deal
by shayaanby shayaanChina hawks in Congress are pressuring executives at the financial giants JPMorgan Chase and Bank of America to back out of their …
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Smart Contracts
Hong Kong Investment Firm Loads Up on BlackRock Bitcoin ETF, Shares Grow to $688M
by shayaanby shayaanIn short Avenir, established in Hong Kong, raised its participations of BlackRock’s Spot Bitcoin ETF to 14.7 million shares, worth $ 688 …
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Hong Kong, [March 27] — Get ready for the most exciting fintech and Web3.0 event of the year! Wiki Finance Expo Hong …
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Regulation
Hong Kong Regulator Greenlights Staking Services for Licensed Crypto Exchange Platforms
by shayaanby shayaanHong Kong’s Securities and Futures Commission (SFC) has greenlit staking services for licensed digital asset exchanges. On Monday, the regulator issued regulatory …
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Regulation
Hong Kong sets new rules allowing staking services for crypto firms and ETFs
by shayaanby shayaanHong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidance allowing licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds …
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Regulation
Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations
by shayaanby shayaanHong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer …