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Hong Kong Monetary Authority
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...
Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests...
Hong Kong reaps tokenization gains post-green bonds
Hong Kong is actively pursuing a comprehensive transition towards distributed ledger technology within its financial markets, motivated by the advantages...
Hong Kong-based Hang Seng Bank limits digital asset companies to simple accounts: report
The HSBC-owned bank told digital asset firms to use simple accounts as they are struggling to utilize banking services amidst...
Hong Kong, Saudi Arabia team up for tokenization and payments research
The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies,...
Hong Kong speeds up blockchain adoption under new Web3 task force
The newly minted task force involves key players from the government, private sector, and professionals from academia as they collaborate...
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