Search Results for: Hong Kong Monetary Authority

Hong Kong evening skyline
Business 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 and compliance seem to tell otherwise.

Hong Kong Monetary Authority
Business 27 September 2022

HKMA: Hong Kong inches toward launching wholesale CBDC

The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to two years due to the amendments the legislature will have to make to give the CBDC legal backing.