Search Results for: Hong Kong Monetary Authority

Is Hong Kong opening up to digital assets?
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7 March, 2023

Is Hong Kong opening up to digital assets?

Many may see Hong Kong's latest regulation as a welcoming to digital asset exchanges, but the stringent requirements for licenses...
Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies
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28 January, 2023

Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies

Shanmugaratnam warned regulators about legitimizing "speculative" digital assets but stressed that he wouldn't hinder consumers from participating in activities tied...
Hong Kong moves toward becoming digital currency hub, financial secretary says
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13 January, 2023

Hong Kong moves toward becoming digital currency hub, financial secretary says

Chan noted that under the policies of "grabbing" enterprises and talents, the gov't is actively reducing the tax burden on...
Hong Kong lawmaker wants to convert its planned CBDC to stablecoin
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12 January, 2023

Hong Kong lawmaker wants to convert its planned CBDC to stablecoin

The wider virtual currency ecosystem could gain from converting the planned CBDC to a stablecoin, according to Wu Jeizhuang, member...
Hong Kong’s new bill introduces first-ever VASP licensing regime
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13 December, 2022

Hong Kong’s new bill introduces first-ever VASP licensing regime

Hong Kong’s lawmakers passed an amendment to the city’s AML laws that takes effect on July 1, bringing VASPs under...
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
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