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Search Results for: Hong Kong Monetary Authority

BIS: CBDCs can slash the cost of cross-border remittances by 50%
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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
Binance halts services in Singapore as regulatory noose tightens
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28 September, 2021

Binance halts services in Singapore as regulatory noose tightens

Binance announced that it would cease Singaporean trading pairs and payment options. It would also remove its trading app from...
Binance show goes on: No to Norway, yes to Singapore plus angry whale traders
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31 August, 2021

Binance show goes on: No to Norway, yes to Singapore plus angry whale traders

The latest reports paint a picture of an extremely wealthy company (and founders), one that is facing very different situations...
Singapore regulator grants first approval in principle for digital currency exchange
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6 August, 2021

Singapore regulator grants first approval in principle for digital currency exchange

Australian digital currency exchange Independent Reserve received the regulatory go-ahead under the provisions of the Payment Services Act, which was...
Bank of Thailand warns against illegal baht-backed stablecoin
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22 March, 2021

Bank of Thailand warns against illegal baht-backed stablecoin

The stablecoin, called Thai Baht Digital (THT), is created on the Terra platform, according to Bank of Thailand officials.
Institutional investment broker OSL receives digital asset trading license from HK regulator
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24 December, 2020

Institutional investment broker OSL receives digital asset trading license from HK regulator

OSL does not provide services to retail investors, with its clientele restricted to institutions, high net worth individuals (over US$1...
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