Bitcoin News / Bitcoin.com - 4 months ago
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders....
Bitcoin News / Bitcoin.com - 4 months ago
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digi...
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Monetary Authority announced a minor rise in the composite interest rate to 2.62% at the end of June 2024, reflecting higher deposit costs. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
Hong Kong's move to regulate stablecoin issuers signals a significant shift in its financial oversight landscape. By implementing a robust framework, the city aims to safeguard monetary and financial stability amid the rapid rise of virtual assets (V...
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Monetary Authority and FSTB release consultation conclusions on a legislative proposal for stablecoin regulation. (Read More)
Cryptocoins News / Blockchain - 4 months ago
Hong Kong's SFC unveils a timeline to implement an uncertificated securities market, marking a significant shift in the region's financial landscape. (Read More)
Bitcoin News / Bitcoinist - 4 months ago
Amid the continued growth of cryptocurrencies, Hong Kong is now taking notable strides towards establishing a comprehensive regulatory environment for stablecoins. The Financial Services and the Treasury Bureau (FSTB) of Hong Kong announced imminent...
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Deposit Protection Board has published its Annual Report for 2023-2024, highlighting key achievements and future enhancement measures. (Read More)
Bitcoin News / Google News Bitcoin - 4 months ago
Bitcoin: Hong Kong ETFs Increase their Bitcoin Exposure!& & Cointribune EN
Cryptocoins News / Blockchain - 4 months ago
The SFC survey highlights Hong Kong's enduring position as a leading international asset and wealth management hub in 2023. (Read More)
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Mortgage Corporation Limited (HKMC) has appointed Colin Pou Hak Wan as the new CEO, effective December 2024, succeeding Raymond LC Li. (Read More)
Bitcoin News / Bitcoin.com - 4 months ago
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in Wave 2 of the European Central Bank’s Eurosy...
by COINS NEWS - 4 months ago
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Cryptocoins News / Blockchain - 4 months ago
HKMA has imposed a HK$10 million penalty on DBS Bank (Hong Kong) for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. (Read More)
by COINS NEWS - 4 months ago
submitted by /u/InclineDumbbellPress [link] [comments]
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Monetary Authority has issued a public alert regarding a fraudulent website and internet banking login screen impersonating DBS Bank (Hong Kong) Limited. (Read More)
Bitcoin News / Bitcoinist - 4 months ago
Hong Kong’s financial regulators are taking a measured approach to cryptocurrency regulations, responding with a constant change to market developments. Christopher Hui, the Treasury chief, recently emphasized the government’s strategy of...
Bitcoin News / Bitcoin.com - 4 months ago
Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussi...
Cryptocoins News / Blockchain - 4 months ago
The HKMA alerts the public about unauthorized banking activities by a firm operating without proper authorization in Hong Kong. (Read More)
by COINS NEWS - 4 months ago
submitted by /u/kirtash93 [link] [comments]
Bitcoin News / Bitcoinist - 4 months ago
The Hong Kong Securities and Futures Commission (SFC) has issued a warning to investors regarding three entities suspected of engaging in fraudulent activities related to virtual assets or operating without a license. This development comes as Hong K...
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits. (Read More)
Cryptocoins News / Blockchain - 4 months ago
The Hong Kong Monetary Authority reported a 16.1% decrease in mortgage applications for May 2024, while mortgage loans approved increased by 8.8%. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
The Securities and Futures Commission (SFC) issued a warning today (Friday) about several entities suspected of engaging in fraudulent virtual asset-related activities. These entities are also purportedly operating virtual asset trading platforms (VA...
Bitcoin News / Bitcoinist - 4 months ago
Hong Kong is positioning itself as a leader in the global fintech landscape by focusing on crypto-related sectors such as decentralized finance (DeFi) and the Metaverse. Recent government-backed studies conducted by the Hong Kong Institute for Moneta...
