by COINS NEWS - 1 year ago
(This is being reposted as it didn’t work last time as there was an xrp limit at the time!) Whether you are interested in ripple or not this is quite big news as it is a pilot for the legitimacy of crypto in one of the biggest finance hubs in the wo...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digit...
Cryptocoins News / The Cointelegraph - 1 year ago
The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says. A Greenland Holdings subs...
Bitcoin News / Bitcoin.com - 1 year ago
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelin...
Cryptocoins News / The Cointelegraph - 1 year ago
Neil Tan, chair of the FinTech Association of Hong Kong, says the opening of the financial industry to digital assets is “just a natural progression.” Crypto-friendly...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto developments in Hong Kong do not mean China has softened or will soften its approach to regulating Bitcoin. Despite Hong Kong steadily progressing with cryptocu...
Cryptocoins News / Blockchain - 1 year ago
The Hong Kong Monetary Authority (HKMA) has instructed authorized institutions to adopt a risk-based approach in Anti-Money Laundering efforts and provide banking services to cryptocurrency firms. (Read More)
by COINS NEWS - 1 year ago
I thought China cooled on cryptocurrency adoption. submitted by /u/ughlump [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong’s central bank has urged banks to provide services to crypto firms before receiving a license. The Hong Kong Monetary Authority (HKMA), the region’s central...
Cryptocoins News / Blockchain - 1 year ago
The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in t...
Cryptocoins News / The Cointelegraph - 1 year ago
Increasing familiarity with virtual asset clients will make Anti-Money Laundering measures easier with time, and the firms should be treated reasonably, the HKMA says....
Cryptocoins News / CoinJournal - 1 year ago
Hong Kong’s new cryptocurrency licensing framework is expected in May.
The Securities and Futures Commission (SFC) chief executive Julia Leung told Bloomberg the guidelines follow a consultative process.
Companies seeking to offer services in...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto business guidelines were reportedly revealed by the CEO of Hong Kong’s Securities Futures Commission, Julia Leung. The Hong Kong Securities Futures Commissi...