Hong Kong

Hong Kong: No offshore yuan stablecoin has been approved
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3 October, 2025

Hong Kong: No offshore yuan stablecoin has been approved

HKMA said reports claiming it has approved a new stablecoin pegged to the offshore yuan are false, reminding the public...
China, S.Korea roll out stablecoins; Italy flags issuance risk
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24 September, 2025

China, S.Korea roll out stablecoins; Italy flags issuance risk

AnchorX launched the first yuan-backed stablecoin, AxCNH, to target cross-border payments, tokenization, and to counter dollar-backed stablecoin dominance.
Hong Kong eases banking laws as UBS pilots tokenization
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19 September, 2025

Hong Kong eases banking laws as UBS pilots tokenization

While the HKMA plans to relax Basel Committee standards to ease capital mandates, UBS is launching a pilot exploring automated...
Kazakhstan embraces stablecoins for regulatory fees
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10 September, 2025

Kazakhstan embraces stablecoins for regulatory fees

Elsewhere, the Hong Kong gov’t is preparing to launch its third digital bond following the success of its second $750...
US ranks second in crypto adoption; APAC fastest-growing region
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9 September, 2025

US ranks second in crypto adoption; APAC fastest-growing region

The 2025 Global Crypto Adoption Index reveals the U.S. rises to second place, with APAC leading rapid growth in digital...
US opens door to foreign exchanges serving American customers
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29 August, 2025

US opens door to foreign exchanges serving American customers

The CFTC is opening doors for Americans to trade on overseas digital asset exchanges again, giving U.S. firms that left...
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