Generative Data Intelligence

Tag: HKMA

Hong Kong’s Proposed Stablecoin Regulations Poses Challenge To USDT, USDC

The Hong Kong stablecoin regulation lays stringent rules for licensing, posing threat to stablecoins like USDT (Tether) and USDC (Circle). Hong...

Hong Kong Financial Authorities Launch Public Consultation on Regulation of Stablecoins – The Daily Hodl

Hong Kong is asking for the public’s opinion on a new legislative proposal to regulate stablecoins and the issuers of these fiat-backed crypto assets. On...

Hong Kong Proposes Rules to License Stablecoin Issuers

The authorities in Hong Kong are exploring regulating stablecoins, as the latest consultation paper proposed the regulation of fiat-referenced stablecoins (FRS). If the proposed...

Hong Kong regulators open doors to spot crypto ETFs

Hong Kong’s SFC and HKMA are ready for spot crypto ETF applications. SFC revises rules, allowing funds...

First Mover Americas: Optimism’s OP and Solana Rally

Hong Kong regulators said they are ready to consider applications for spot crypto exchange-traded funds (ETFs). In a joint statement, the Securities and Futures...

Tokenization of Assets

Asset tokenization refers to representing digital tokens on a blockchain, which confirms the rights of ownership of real-world assets.  Many of us want to own...

Hong Kong and Thailand Launch New Cross-Border QR Payment System – Fintech Singapore

by Fintech News Singapore December 4, 2023 The Hong Kong Monetary Authority (HKMA) and the Bank...

Outgoing MAS Chief Ravi Menon Foresees Decline of Private Cryptocurrencies – Fintech Singapore

Monetary Authority of Singapore’s (MAS) Managing Director Ravi Menon predicted the decline of private cryptocurrencies when speaking at the HKMA-BIS High-Level Conference hosted by...

Hong Kong Regulators Speed up Crypto Products Approval Following JPEX Fiasco

BC Technology Group, the parent company of Hong Kong’s publicly listed crypto exchange platform OSL, noted that Hong Kong regulators were swiftly approving...

Can spot Bitcoin ETFs push Hong Kong to the crypto throne?

In this issueBitcoin ETFs: Hong Kong has entered the chatBitcoin Ordinals flip Ethereum NFTsIPO comes full circleFrom the Editor’s DeskDear Reader,The verdict is in....

Is Hong Kong in the forefront of the digital money race?

Hong Kong has excelled as a world center of finance, trade and professional services. An excellence that was degraded by the brain drain in...

Visa Successfully Completes Digital Hong Kong Dollar Pilot Program

Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang...

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