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Hong Kong


Markets

Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong

It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company.

By Krisztian SandorJun 12, 2023

Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong

Policy

Hong Kong Monetary Authority to Prepare for Retail CBDC

The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD, according to a Friday report.

By Sandali HandagamaJun 9, 2023

Hong Kong Monetary Authority to Prepare for Retail CBDC

Finance

Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months

He says other exchanges, including OKX, Gate.io, Bitget and ByBit might also apply for a license.

By Helene BraunJun 2, 2023

Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months

Markets

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

The stablecoin is issued by a registered trust owned by First Digital.

By Sam ReynoldsJun 1, 2023

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

Finance

Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

Bitmain is the world's largest manufacturer of crypto mining rigs.

By Eliza GkritsiMay 25, 2023

Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

Policy

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

The SFC's guidelines prohibit crypto "gifts" designed to incentivize retail investments, which likely includes airdrops, and says stablecoins should not be admitted for retail trading until they are regulated.

By Lavender Au, Sandali HandagamaMay 23, 2023

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

Finance

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg

The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.

By Jamie CrawleyMay 19, 2023

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg

Policy

Ripple Starts Platform for Central Banks to Issue Their CBDCs

The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot.

By Lavender AuMay 18, 2023

Ripple Starts Platform for Central Banks to Issue Their CBDCs

Policy

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.

By Lavender AuMay 17, 2023

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Policy

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.

By Lavender AuApr 28, 2023

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

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