Consensus Hong Kong will focus on institutional adoption of digital assets and the growing role of artificial intelligence in the future of …
Kong
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Regulation
Hong Kong AI sandbox picks 36 finance projects from nearly 100 bids
by shayaanby shayaanHong Kong just handed 36 project teams the green light to test generative AI inside its financial system, marking one of the …
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Adoption
Standard Chartered Becomes First Bank To Distribute Hong Kong Dollar Stablecoin
by shayaanby shayaanA global bank with $850 billion in assets is moving into the distribution layer for a Hong Kong dollar-pegged token, not as …
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Regulation
Hong Kong SFC Warns Against Diamond Coin and Diamond Fund as Suspicious Investment Products
by shayaanby shayaanHong Kong’s Securities and Futures Commission (SFC) has issued a public warning against two digital token-related investment products: Diamond Coin and Diamond …
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The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its …
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Finance
Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins
by shayaanby shayaanStablecoins won over users by making money easier to move, long before the financial world agreed on what they meant. That helps …
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Regulation
Hong Kong Securities Industry Urges SFC to Ease Virtual Asset Rules
by shayaanby shayaanHong Kong’s Securities and Futures Professionals Association has urged the Securities and Futures Commission (SFC) to refine its virtual asset regulatory framework. …
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Regulation
Hong Kong court convicts ex-Wuhan official’s son over HK$64 million laundering scheme
by shayaanby shayaanA Hong Kong district court has rejected Xiao Rui’s claim that part of his money came from selling Bitcoin and found him …
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The latest incremental step in Hong Kong’s ambitions to lead Asia’s tokenised securities market arrived this week with a whitepaper focused on …
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Finance
HKMA Chief Confirms HSBC and Anchor Technology to Launch Stablecoins in Hong Kong This Year
by shayaanby shayaanHong Kong is set to take a significant step forward in digital currency adoption, with the city’s top banking regulator confirming that …