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Tag: Hong Kong Monetary Authority

Money20/20 Asia Set to Spotlight APAC Regulators for Fintech Growth – Fintech Singapore

by Fintech News Singapore April 15, 2024 Money20/20 Asia, set for 23-25 April at the Queen Sirikit National Convention Center in Bangkok, will prominently feature regulators...

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HSBC turning Hong Kong into its global fintech hub

On March 18, HSBC signed an agreement to support the fintech companies within the incubation programs of the Hong Kong Science and Technology Park. At...

Asia’s crypto revolution: Web3 growth in the East

Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry. From the bustling...

Hong Kong advances digital currency with e-HKD pilot phase two

The Hong Kong Monetary Authority (HKMA) has commenced the second phase of its e-HKD pilot program, aiming to assess the value and application of...

Hong Kong’s Secure Stablecoin Sandbox Initiative

In an innovative move, the Hong Kong Central Bank recently rolled out a sandbox program tailored for stablecoin issuers, marking a significant step forward...

Federal Reserve on U.S. CBDC and Global Comparison

CBDC | March 11, 2024 Image: Pixabay/geraltExploring the Impact of a U.S. CBDC And A Comparative Global AnalysisThe Federal Reserve offers perspective on the...

Conflux Network Introduces AxHKD, Hong Kong Dollar-Backed Stablecoin

Conflux Network, the only regulatory-compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar...

Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin – Tech Startups

Toronto, Canada, March 8th, 2024, Chainwire Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful...

Hong Kong central bank unveils Project Ensemble for tokenization

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has initiated “Project Ensemble,” a wholesale central bank digital currency (wCBDC) project designed to...

HKMA to pilot CBDC sandbox for tokenised deposits

The Hong Kong Monetary Authority (HKMA) has kicked...

Cryptocurrency Crimes in Hong Kong Almost Tripled Over the Last 3 Years

Over the past three years, the incidences of virtual asset-related crimes in Hong Kong have significantly increased. The cases reported amounted to 1,397, 2,336,...

For Hong Kong, stablecoins go beyond payments

Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant. That...

The Expansive Role of Stablecoins in Hong Kong Beyond Payments

Stablecoins have emerged as a significant player in the financial landscape of Hong Kong, extending their role beyond just facilitating payments. These digital currencies,...

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