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Search Results for: Hong Kong Monetary Authority

Hong Kong must accelerate the development of Web3, lawmaker says
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7 August, 2024

Hong Kong must accelerate the development of Web3, lawmaker says

Johnny Ng pledged Hong Kong’s commitment to “open the market in a gradual, progressive and responsible manner” as he called...
ZA Bank backs Hong Kong’s stablecoin plan with reserve bank services
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31 July, 2024

ZA Bank backs Hong Kong’s stablecoin plan with reserve bank services

ZA Bank's move to provide reserve bank services is seen as a stepping stone to improving Hong Kong's local payment...
Standard Chartered, Animoca Brands join Hong Kong stablecoin sandbox
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30 July, 2024

Standard Chartered, Animoca Brands join Hong Kong stablecoin sandbox

China’s e-commerce giant JD.com also joined the sandbox, but the Hong Kong Monetary Authority has warned that it has yet...
Hong Kong unveils stablecoin consultation results
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22 July, 2024

Hong Kong unveils stablecoin consultation results

The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
Hong Kong, France to explore cross-border CBDCs outside of mBridge
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3 July, 2024

Hong Kong, France to explore cross-border CBDCs outside of mBridge

Both Hong Kong and France will explore the interoperability of their wholesale CBDC systems via a regulatory sandbox to strengthen...
HKMA urges Hong Kong banks to upskill workforce on AI
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31 May, 2024

HKMA urges Hong Kong banks to upskill workforce on AI

Hong Kong’s central bank says that AI is forcing banks to rethink their operations, and some have already redeployed some...
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