Hong Kong has taken a groundbreaking step by becoming the first global jurisdiction to enact regulation for fiat-backed stablecoins. This landmark decision is expected to have significant impact […]
Hong Kong Passes Stablecoin Ordinance, Regulating Issuance of HKD-Pegged Tokens
Hong Kong has officially enacted a new regulatory framework for stablecoins, impacting the issuance and sale of HKD-pegged tokens. The Hong Kong government has gazetted the Stablecoin Ordinance, […]
Hong Kong Enacts Stablecoin Licensing Law: Regulatory Shift for Crypto Assets
Hong Kong has taken a significant step towards regulating the stablecoin market with the enactment of its new stablecoin legislation. The Stablecoins Bill, passed by the Legislative Council, […]
Hong Kong Passes Stablecoin Regulation Law, Shaping Global Digital Asset Landscape
Hong Kong has enacted a new law regulating stablecoins, marking a significant development in the regulatory landscape for digital assets globally. This legislation establishes a licensing regime for […]
HK Virtual Asset ETFs See Significant Trading Volume, Reflecting Market Growth
Hong Kong’s virtual asset exchange-traded funds (ETFs) witnessed a significant trading volume of HK$21.87 million today, indicating active participation in the region’s financial markets. This activity aligns closely […]
Hong Kong Enacts Stablecoin Licensing for a Secure Crypto Ecosystem
Hong Kong has taken a significant step forward in regulating the crypto landscape by enacting a new law requiring stablecoin issuers to obtain licenses. The ‘Stablecoin Ordinance’ introduced […]
Hong Kong Launches First Stablecoin Licensing Regime, Positioning Itself as Global Leader
Hong Kong has taken a pivotal step forward by establishing Asia’s first comprehensive stablecoin licensing framework. This pioneering move is designed to secure global market leadership in the […]
Vaulta and Fosun Launch Partnership to Drive Blockchain Adoption in Hong Kong
Vaulta, formerly known as EOS Network, has joined forces with Fosun Wealth to create a powerful blockchain alliance in Hong Kong. This collaboration aims to accelerate the integration […]
Fore Elite Capital Exceeds Fundraising Goals, Sees Asset Management Growth Surge
Hong Kong-based Fore Elite Capital, a licensed virtual asset hedge fund management firm, has reported exceeding its initial fundraising targets for its flagship fund. The company’s announcement comes […]
Fore Elite Capital Shifts Focus to Fundraising in Hong Kong
Hong Kong-based virtual asset hedge fund Fore Elite Capital is making a major strategic shift by prioritizing fundraising as it celebrates its eighth anniversary. This decision follows the […]
Hong Kong Expands Virtual Asset and Gold Markets: Regulatory Framework Under Development
Hong Kong is proactively fostering its virtual asset and gold markets by introducing new financial sectors, according to Xu Zhengyu, Secretary for Financial Services and the Treasury of […]
Hong Kong Introduces Stablecoin Licensing Framework for Issuers
Hong Kong has taken a significant step in the world of cryptocurrency regulation with the launch of a new licensing framework for stablecoins. This landmark legislation, passed by […]
Hong Kong Embarks on Virtual Asset & Gold Market Expansion
Hong Kong is pushing forward with its financial sector reforms, focusing on developing the virtual asset market and the gold commodity market alongside a strategic regulatory framework for […]
HSBC Launches Blockchain Settlement Service in Hong Kong
HSBC has taken a groundbreaking step by launching the first blockchain-based settlement service in Hong Kong. The service offers real-time payments facilitated by Ant International, enabling instant transfers […]
HSBC Launches First Blockchain Payment Service in Hong Kong
Hong Kong-based HSBC has debuted the world’s first blockchain payment service, enabling real-time corporate transactions and transfers. The service utilizes tokenized deposits to facilitate 24/7 access for payments, […]