Hong Kong

Hong Kong to trial wholesale CBDC in interbank settlements
-
13 March, 2024

Hong Kong to trial wholesale CBDC in interbank settlements

The HKMA's CBDC project supporting tokenization will center on innovative infrastructure for interbank settlement, with aid from banking institutions, the...
HSBC HK targets tokenization offerings in new diversification drive
-
10 March, 2024

HSBC HK targets tokenization offerings in new diversification drive

As it moves to fully embrace emerging technologies, HSBC Hong Kong plans to offer tokenized assets to its wealth management...
Hong Kong to launch stablecoin sandbox in Web3 push
-
7 March, 2024

Hong Kong to launch stablecoin sandbox in Web3 push

Hong Kong’s budget revealed the city is expanding its digital yuan pilot testing to allow residents to top up e-CNY...
Hong Kong commits $383 million to Cyberbort AI subsidy scheme
-
5 March, 2024

Hong Kong commits $383 million to Cyberbort AI subsidy scheme

The funds will be used to support early-stage startups and local universities exploring novel artificial intelligence applications, providing computational support...
HSBC, Bank of East Asia repurchase transaction uses Hong Kong’s digital green bond
-
1 March, 2024

HSBC, Bank of East Asia repurchase transaction uses Hong Kong’s digital green bond

Although instances of using digital bonds as collateral are sparse, HSBC and the Bank of East Asia found relative success...
Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets
-
25 February, 2024

Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets

Treasury Minister says Hong Kong is to introduce licensing regimes for VASPs, OTCs, and stablecoins to curb crime, which shot...
Advertisement