Browsing: Hong Kong

The Hong Kong Stablecoin Oversight and Adjudication Office has stated that only fiat-collateralized stablecoins backed by legal tender will be permitted. This announcement clarifies the regulatory framework surrounding stablecoins within the region. The office emphasizes…

Simon Ko is leading efforts to adopt tokenization technology in the Hong Kong bond market, with further details expected to be announced in the first half of next year. The initiative aims to enhance the…

The Hong Kong Stablecoin Review Tribunal has announced that it will permit only fiat-collateralized stablecoins for approval. Additionally, applicants must meet a capital requirement of 25 million Hong Kong dollars. This decision reflects the tribunal’s…

crypto regulations Asia is implementing new cryptocurrency regulations to achieve a balance between fostering innovation and ensuring adequate oversight. These regulatory shifts are particularly notable in Hong Kong, Thailand, Malaysia, and South Korea. In Hong… (via Bpaynews real-time desk)

A Hong Kong-listed company plans to raise approximately HKD 99.72 million through a rights issue aimed at expanding its international commercial digital technology business. The initiative will allocate around 20.06% of the funds specifically for… (via Bpaynews real-time desk)

Hong Kong and Shenzhen are collaborating to establish the Hong Kong-Shenzhen Global Financial Technology Center, which aims to foster a green asset development platform utilizing blockchain technology and other advanced technologies. This initiative reflects a…

The Hong Kong Monetary Authority has reported a 1.4% rise in credit card receivables for the third quarter of 2025, indicating a recovery from a previous downturn. This increase in receivables reflects a positive shift…

WeBank will set up a local blockchain system in Hong Kong to enhance its services and operations. The initiative aims to bolster the bank’s technological capabilities in the region. Additionally, the bank will focus on… (via Bpaynews real-time desk)

WeBank plans to create a local blockchain system in Hong Kong while also developing a solution aimed at combating money laundering. The initiative reflects the bank’s commitment to utilizing blockchain technology to enhance financial services.… (via Bpaynews real-time desk)

Hong Kong’s Securities and Futures Commission has reappointed Ashley Alder as Chief Executive Officer for an additional two-year term. This decision underscores the Commission’s commitment to leadership continuity. Alder has been at the forefront of…