Tag: Kong
Don’t Overlook Tokyo, Japan, and Hong Kong as Global Crypto Hot Spots
Let’s start with Japan, which is actively trying to position itself as a Web3 powerhouse. To be clear, Japan is hardly a newcomer. But after the crypt [...]
HSBC rolls out cryptocurrency services in Hong Kong: Report
Hong Kong and Shanghai Banking Corporation (HSBC), the biggest bank in Hong Kong, has reportedly introduced its first local cryptocurrency services.HS [...]
Reminder – Mainland China and Hong Kong are out on holiday today
I posted this earlierBut ICYMI, a reminder!Its Dragon Boat Festival day and markets are closed in China and HK. For FX markets, open as usual today ar [...]
Hong Kong says Cyberport attracted 150 Web3 firms in a year
In the past year, more than 150 Web3 firms have set up operations in Hong Kong’s Cyberport, a digital hub set up by the country’s government to promot [...]
Hong Kong as Crypto BTC Hub? The City’s Strict Banking Requirements May Be an Obstacle
"The city’s digital assets regulation is overall friendly and encourages banks to work with crypto companies, however, banks still currently have stri [...]
Hong Kong Put Pressure on Three Major Banks to Take on Crypto Exchanges as Clients: Report
"Due diligence on potential customers should not “create undue burden”, particularly “for those setting up an office in Hong Kong to look for the oppo [...]
Hong Kong govt pressures banking giants to accept crypto clients: Report
The Hong Kong Monetary Authority (HKMA), which serves as the region's central bank and regulator, has reportedly put pressure on major banks including [...]
First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase.
www.coindesk.com [...]
Hong Kong and the US aim for stablecoin regulations by 2024
The Hong Kong Monetary Authority has completed a public consultation on stablecoin regulations with an aim to introduce clear regulatory guidelines ar [...]
Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming cryp [...]
Bank of China’s Investment Bank BOCI Issues Tokenized Securities on Ethereum in Hong Kong with Swiss Bank UBS
“We are encouraged by the evolution of Hong Kong's digital economy and are committed to promoting the digital transformation and innovative developmen [...]
Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
With its progressive stance on cryptocurrencies, Hong Kong's legislator invites Coinbase and other crypto exchanges to establish operations in the reg [...]
Paving Way for an e-HKD ‘Necessary,’ Hong Kong Monetary Authority Says
"While it appears that e-HKD might not have an imminent role to play in the current retail payment market, we believe prospective use cases for e-HKD [...]
Huobi Could Have Hong Kong License in 6 To 12 Months
"The details of the regulation will come out in the next 18 months, for example, how to comply with customer withdrawals [and] anti money laundering r [...]
First Digital Unveils FDUSD Stablecoin as Hong Kong Crypto Rules Kick In
“The launch of this stablecoin represents a major stride forward in our mission to provide a secure and efficient digital currency that can be seamles [...]