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Hong Kong

Huobi to be acquired by Hong Kong investment firm, plans international business expansion
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11 October, 2022

Huobi to be acquired by Hong Kong investment firm, plans international business expansion

Details of the deal's valuation were not made public, but there is speculation that the amount would be below market...
Hong Kong launches trials for more suitable use cases for e-HKD: report
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5 October, 2022

Hong Kong launches trials for more suitable use cases for e-HKD: report

Eddie Yue, head of the HKMA, noted that the trials would involve commercial banks and are scheduled to begin sometime...
Bank for International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank for International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
HKMA: Hong Kong inches toward launching wholesale CBDC
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27 September, 2022

HKMA: Hong Kong inches toward launching wholesale CBDC

The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to...
Huobi’s sister company weighs name change
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26 September, 2022

Huobi’s sister company weighs name change

Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image,...
Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding
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22 September, 2022

Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding

The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and...
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