Search Results for: Hong Kong Monetary Authority

‘GENIUS’ hopes to bring clarity for US-backed stablecoins
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6 February, 2025

‘GENIUS’ hopes to bring clarity for US-backed stablecoins

To balance innovation and security, the U.S. has proposed the GENIUS Act, which sets forth clear procedures for licensing and...
Kenya: VACC slams 3% tax, excessive compliance costs
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5 February, 2025

Kenya: VACC slams 3% tax, excessive compliance costs

Kenya’s VACC made policy recommendations in response to a proposed virtual asset sector bill, calling on the gov’t to pursue...
HK fast-tracks digital assets licensing; S. Korea delays regulation
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20 December, 2024

HK fast-tracks digital assets licensing; S. Korea delays regulation

Hong Kong's Legislative Council verifies the Financial Services and the Treasury strategy toward digital currencies, while South Korea's martial law...
Singapore: SBI, UBS issue tokenized funds under Project Guardian
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15 November, 2024

Singapore: SBI, UBS issue tokenized funds under Project Guardian

SBI’s pilot issues tokenized asset-backed securities and extends the service to secondary trading while partnering with UBS to tokenize a...
Singapore launches fintech center to push AI, tokenization
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12 November, 2024

Singapore launches fintech center to push AI, tokenization

Known as the Global Finance & Technology Network, the new center builds on Singapore’s fintech initiatives and replaces the non-profit...
Middle Eastern central banks eye CBDC for cross-border payments
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13 May, 2024

Middle Eastern central banks eye CBDC for cross-border payments

At a recent World Economic Forum event, central bankers from Bahrain and Saudi Arabia discussed CBDC opportunities, from cross-border payments...
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