Reserved IP Address°C
01-22-2025
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Hong Kong Monetary Authority

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...
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub
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26 October, 2022

Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub

Project Aurum highlighted a technological stack to explore the viability of wholesale and retail CBDCs, utilizing two different tokens—intermediated CBDCs...
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...
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...
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