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Search Results for: Hong Kong Monetary Authority

Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange
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19 May, 2023

Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange

Binance Australia abruptly announced that it was "unable to facilitate PayID AUD deposits for Binance users" because of a decision...
Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators
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15 May, 2023

Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators

Web3 investment firm CoinFund announced a white paper outlining a proposed way forward for digital asset regulation in the United...
US stablecoin bills might someday pass, but not this one
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20 April, 2023

US stablecoin bills might someday pass, but not this one

Stablecoins were front and center in the House of Representatives' Financial Services Committee hearing last Wednesday, and some of the...
SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2
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14 March, 2023

SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2

The 12-week study, involving 18 banks and financial institutions, shows the potential utility of CBDCs in settling cross-border transactions, prompting...
Pakistan draws up laws in preparation for CBDC launch in 2025
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9 December, 2022

Pakistan draws up laws in preparation for CBDC launch in 2025

Pakistan is set on launching its CBDC by 2025, releasing new guidelines—with help from World Bank—for non-bank entities to aid...
South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
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26 November, 2022

South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets

The Financial Services Commission is hinging its argument on the grounds that digital assets is an umbrella term covering virtual...
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