Hong Kong regulators roll out new investor protection guidelines
Hong Kong adapts to new digital currency regulations, while the SFC and HKMA implement vital investor protection rules for intermediaries.
Latest Hong Kong Monetary Authority News
Bank of China Hong Kong explores smart contracts for CBDC payments in new pilot
BOCHK's pilot explores e-HKD smart contracts for prepaid services, linking point-of-sale functionality and promoting CBDC adoption.
HSBC seeks blockchain expert to lead digital asset analysis in Hong Kong
HSBC is looking for a Web3 expert for lead digital asset analyst role in Hong Kong, emphasizing blockchain knowledge and collaboration with technical teams.
Hongkong’s eHKD still in progress, while mBridge to launch by mid-2024
Initial experiments with e-HKD have shown promise, but they are still conducting trials to explore a handful of use cases, according to Hong Kong Monetary Authority CEO Eddie Yue.
Hong Kong stablecoin trading for retail investors barred until regulatory framework launch
Hong Kong prohibits retail stablecoin trading until 2024 due to concerns about safety and redemption risks, pending the establishment of a regulatory framework.
Hong Kong securities regulator to roll out framework on tokenizing investment assets
The Securities and Futures Commission will soon release a framework centered on tokenizing investments, including stocks and bonds, in support of the city-state's Web3 ambitions.
mBridge CBDC project to onboard new participants as it moves closer to MVP launch
Cross-border CBDC project mBridge progresses with minimum viable product launch plans, expanding participation to Southeast Asian central banks, while U.S. expresses cautious interest.
Hong Kong to issue stablecoin regulations by 2024
Hong Kong is on its second round of consultation for its stablecoin regulations, and a lawmaker has revealed that he called on residents to use the upcoming CBDC.
Kazakhstan’s new agency paves way for CBDC launch by 2025
Kazakhstan establishes NPC to develop digital tenge and enhance open banking, aiming to boost payment system efficiency and financial inclusivity.
Hong Kong to strengthen digital currency regulations after JPEX collapse
Hong Kong is responding to the collapse of JPEX with stricter regulations for digital currency providers, emphasizing investor protection and deterring misleading practices.
HSBC, HKUST partner on e-HKD CBDC pilot to complement banking regulator efforts
HSBC and HKUST Business School collaborate on a hypothetical e-HKD pilot to aid Hong Kong Monetary Authority in CBDC development, exploring programmable features and potential retail use cases.
Hong Kong issues warning against digital asset firms claiming to be banks
The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with them by their clients amid liquidity struggles of JPEX.