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Hong Kong

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms
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1 November, 2022

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms

In an effort to regain retail traders' trust, Hong Kong has imposed a mandatory licensing program for digital asset service...
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 moving in different direction toward digital assets from mainland China
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25 October, 2022

Hong Kong moving in different direction toward digital assets from mainland China

Hong Kong is moving closer to its goal of becoming an international virtual assets center as it opens its gates...
Huobi to be acquired by Hong Kong investment firm, plans international business expansion
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11 October, 2022

Huobi to be acquired by Hong Kong investment firm, plans international business expansion

Details of the deal's valuation were not made public, but there is speculation that the amount would be below market...
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...
Bank for International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank for International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
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