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Hong Kong

Hong Kong to issue more VASP permits as South Korea tightens rules
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16 October, 2024

Hong Kong to issue more VASP permits as South Korea tightens rules

With a new license issued to HKVAX, Hong Kong’s licensed VASPs now rose to three, and the Securities and Futures...
HSBC issues digital bond; HKMA aligns OTC with European laws
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4 October, 2024

HSBC issues digital bond; HKMA aligns OTC with European laws

The Hong Kong dollar-denominated bond is the first digitally native bond by a private sector entity in Hong Kong, building...
Hong Kong expands e-HKD; Canada, Australia abandon retail CBDCs
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30 September, 2024

Hong Kong expands e-HKD; Canada, Australia abandon retail CBDCs

Hong Kong’s HKMA launched the second phase of its CBDC pilot, while Canada and Australia are shifting their focus from...
East Asia receives $400B stablecoins, digital assets: report
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26 September, 2024

East Asia receives $400B stablecoins, digital assets: report

A September 17 report by Chainalysis revealed that Eastern Asia received over $400 billion in value in stablecoins and other...
China goes over AML law; Hong Kong mulls licensing regime
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23 September, 2024

China goes over AML law; Hong Kong mulls licensing regime

The rising number of prosecutions tied to money laundering forces China to revisit its AML law, while Hong Kong eyes...
Project Ensemble to boost Hong Kong tokenization efforts
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5 September, 2024

Project Ensemble to boost Hong Kong tokenization efforts

Hong Kong’s Monetary Authority has partnered with HSBC and StanChart banks, which will provide tokenized deposits, with Microsoft and BlackRock...
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