Search Results for: Hong Kong Monetary Authority

Hong Kong’s digital banks urged to improve services for Web3 firms
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15 August, 2024

Hong Kong’s digital banks urged to improve services for Web3 firms

Hong Kong Legislative Council member Johnny Ng Kit-Chong noted that streamlining banking services in Hong Kong will attract global Web3...
Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
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14 August, 2024

Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins

At the third Foresight Conference, David Chiu, a Hong Kong Special Administrative Region legislative council member, said they must soon...
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...
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