Search Results for: Hong Kong Monetary Authority

Hong Kong to strengthen digital currency regulations after JPEX collapse
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24 September, 2023

Hong Kong to strengthen digital currency regulations after JPEX collapse

Hong Kong is responding to the collapse of JPEX with stricter regulations for digital currency providers, emphasizing investor protection and...
Hong Kong issues warning against digital asset firms claiming to be banks
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20 September, 2023

Hong Kong issues warning against digital asset firms claiming to be banks

The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with...
Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
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19 September, 2023

Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test

The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests...
BIS partners with Israel, Hong Kong for retail CBDC experiment
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17 September, 2023

BIS partners with Israel, Hong Kong for retail CBDC experiment

The Bank for International Settlements has announced a successful CBDC proof of concept—Project Sela—prioritizing inclusivity and privacy, poised to revolutionize...
Hong Kong reaps tokenization gains post-green bonds
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1 September, 2023

Hong Kong reaps tokenization gains post-green bonds

Hong Kong is actively pursuing a comprehensive transition towards distributed ledger technology within its financial markets, motivated by the advantages...
Monetary Authority of Singapore commits over $100M to drive fintech innovation
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11 August, 2023

Monetary Authority of Singapore commits over $100M to drive fintech innovation

Singapore’s central bank is allocating SGD 150 million (US$111 million) to develop innovative fintech solutions, under the third iteration of...
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