Hong Kong

Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
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19 September, 2023

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...
BIS partners with Israel, Hong Kong for retail CBDC experiment
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17 September, 2023

BIS partners with Israel, Hong Kong for retail CBDC experiment

The Bank for International Settlements has announced a successful CBDC proof of concept—Project Sela—prioritizing inclusivity and privacy, poised to revolutionize...
Swiss SEBA Bank secures in-principle approval for digital asset offerings in Hong Kong
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4 September, 2023

Swiss SEBA Bank secures in-principle approval for digital asset offerings in Hong Kong

Hong Kong Securities and Futures Commision grants SEBA Bank with approval-in-principle to offer digital asset services and is set to...
Hong Kong reaps tokenization gains post-green bonds
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1 September, 2023

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...
Web 3.0 and blockchain integration to fuel Hong Kong’s economic growth
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31 August, 2023

Web 3.0 and blockchain integration to fuel Hong Kong’s economic growth

Hong Kong's financial secretary envisions economic growth driven by Web 3 innovations like NFTs and metaverse, urging businesses to adopt...
Hong Kong eyes digital currency interoperability with mainland China
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13 August, 2023

Hong Kong eyes digital currency interoperability with mainland China

To achieve its Web3 goals, Hong Kong seeks collaboration with mainland China through talent exchanges and digital currency service providers.