Hong Kong Monetary Authority

Hong Kong taps HSBC, Visa firms for CBDC trials
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24 May, 2023

Hong Kong taps HSBC, Visa firms for CBDC trials

The Hong Kong Monetary Authority’s pilot will explore six categories of use cases, including offline payments, tokenized deposits, and settlement...
Hong Kong regulators warn incoming firms against ‘light touch’ approach
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16 May, 2023

Hong Kong regulators warn incoming firms against ‘light touch’ approach

Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable"...
Hong Kong urges banks to offer services to digital asset firms
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1 May, 2023

Hong Kong urges banks to offer services to digital asset firms

The Hong Kong Monetary Authority reiterated that it had not placed any bans on Bitcoin banking and urged banks to...
Former HKMA chief leads Hong Kong’s new Web3 institute
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15 April, 2023

Former HKMA chief leads Hong Kong’s new Web3 institute

Norman Chan, former head of the Hong Kong Monetary Authority, will head the new body while China Mobile International CEO...
Is Hong Kong opening up to digital assets?
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7 March, 2023

Is Hong Kong opening up to digital assets?

Many may see Hong Kong's latest regulation as a welcoming to digital asset exchanges, but the stringent requirements for licenses...
Hong Kong Monetary Authority skeptical against algorithmic stablecoins
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5 February, 2023

Hong Kong Monetary Authority skeptical against algorithmic stablecoins

In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
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