Hong Kong is taking a bold step forward by easing capital requirements for banks involved in cryptocurrencies. This move reflects the city’s dedication to fostering a thriving digital […]
Hong Kong Approves Collaboration Project Connecting DigiFT, Chainlink, and UBS
The innovative collaboration project between digital asset trading platform DigiFT, blockchain provider Chainlink, and Swiss bank UBS has received approval from Hong Kong’s Cyberport and the Digital Asset […]
Hong Kong to Relax Crypto Banking Rules: Lower Capital Requirements Looming
Hong Kong’s Monetary Authority (HKMA) is poised to ease capital requirements for banks holding cryptocurrencies. Local reports indicate the HKMA has circulated a draft proposal, integrating global Basel […]
Hong Kong Eases Crypto Rules for Banks, Signaling a New Era in Finance
Hong Kong is poised to reshape the global financial landscape with a groundbreaking move to ease crypto regulations for its banking sector. This bold shift signals a commitment […]
China Real Estate Investment Soars Following New CEO Appointment
The stock price of China Real Estate Investment (00736.HK) has surged significantly, increasing nearly 43% following the appointment of Zheng Huajiang as the CEO of its subsidiary. This […]
Yunfeng Financial Stock Soars Following Strategic Partnerships
Yunfeng Financial’s stock price saw a significant surge of over 7% on Hong Kong exchanges, reaching 4.23 HKD as trading continues. This upward movement coincides with the company’s […]
Hong Kong Arrests Two Men Over Cryptocurrency Mining Electricity Theft
Two individuals have been arrested in Hong Kong for allegedly installing cryptocurrency mining equipment at a facility serving disabled individuals. The machines were connected to the facility’s power […]
HashKey Launches $500M Digital Asset Treasury Fund for Institutional Investors in Hong Kong
HashKey Group, a Hong Kong-based financial institution, has launched a $500 million investment fund dedicated to digital asset treasuries (DATs). The fund’s initial focus is on Bitcoin and […]
HSBC & ICBC Aim for Stablecoin Licenses in Hong Kong
Two of the world’s largest financial institutions, HSBC and Industrial and Commercial Bank of China (ICBC), are preparing to apply for stablecoin licenses in Hong Kong. This move […]
ICBC (Asia) and HSBC Target Hong Kong Stablecoin License
Two major financial institutions, ICBC (Asia) and HSBC, are gearing up to join the ranks of those seeking stablecoin licenses under the framework established by the Hong Kong […]
Hong Kong Banks Seek Stablecoin Licenses, Signaling Shift Towards Regulated Crypto
Major Hong Kong banks, including ICBC Asia and HSBC, are aiming to obtain stablecoin licenses from the Hong Kong Monetary Authority (HKMA). This move signifies a growing institutional […]
HSBC & ICBC Aim For Hong Kong Stablecoin Licenses
Two major banks, HSBC and ICBC (Asia), have indicated interest in obtaining stablecoin licenses under Hong Kong’s upcoming regulatory framework. This marks a significant step toward institutional involvement […]
Hong Kong Fund Breaks New Ground with Bitcoin Investment Strategy
A Hong Kong-based fund, backed by state-owned enterprises, has unveiled an innovative investment strategy for accessing Bitcoin exposure indirectly through the stock market. The fund leverages a regulatory […]
ICBC Asia and HSBC Pursue Stablecoin Licenses in Hong Kong
Two major players in the financial world, ICBC Asia and HSBC, are demonstrating their commitment to stablecoins by applying for licenses from the Hong Kong Monetary Authority (HKMA). […]
Hong Kong Embarks on Limited Stablecoin License Pilot Program
The Hong Kong Monetary Authority (HKMA) is initiating a limited pilot program for stablecoin licenses, granting approvals to only a select group of institutions. This cautious approach reflects […]