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Hong Kong

30 March, 2024

HSBC launches tokenized gold for retail customers in Hong Kong

After launching its tokenized gold for institutional users in November 2023, the bank is now expanding the HSBC Gold Token...

Tokenization, CBDCs poised to increase Hong Kong’s GDP by $20.4 billion: study

Business

Wahid Pessarlay

29 March, 2024

Tokenization, CBDCs poised to increase Hong Kong’s GDP by $20.4 billion: study

Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and...

Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial

Business

Wahid Pessarlay

28 March, 2024

Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial

GSBN, with help from Ant Group, is modernizing the shipping industry through eBL, a blockchain-powered prototype that tokenizes goods and...

Hong Kong begins CBDC pilot phase 2 to explore wider use cases

Business

Wahid Pessarlay

21 March, 2024

Hong Kong begins CBDC pilot phase 2 to explore wider use cases

The new iteration of its CBDC, the e-HKD, intends to explore new use cases for the CBDC in retail and...

Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area

Business

Steve Kaaru

14 March, 2024

Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area

Johnny Ng pitched the platform to China’s central political advisory body—the CPPCC National Committee—for blockchain firms in Hong Kong, Macao,...

Hong Kong to trial wholesale CBDC in interbank settlements

Business

Wahid Pessarlay

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...

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Pradipta Mukherjee

27 Dec 2024

Hong Kong

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