Hong Kong Monetary Authority


Finance

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Hong Kong (Unsplash)

Policy

Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report

The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.

(Ruslan Bardash/Unsplash)

Markets

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

The stablecoin is issued by a registered trust owned by First Digital.

Hong Kong (Unsplash)

Policy

Ripple Starts Platform for Central Banks to Issue Their CBDCs

The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot.

(Ripple Labs)

Policy

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.

Hong Kong (Unsplash)

Policy

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.

(Ruslan Bardash/Unsplash)

Policy

Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source

The regulator of e-HKD has left the implementation of Hong Kong's CBDC to the banks.

Hong Kong (See-ming Lee/Flickr-Creative Commons)

Policy

Hong Kong Backs Web3 With $6.4M in Annual Budget

The city's financial secretary will lead a task force dedicated to development of virtual assets.

Hong Kong skyline (anuchit kamsongmueang/Getty Images)

Policy

How Hong Kong Is Gearing Up to Regulate Stablecoins

Requiring foreign entities that have already issued stablecoins to set up a Hong Kong entity might create complications.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Policy

No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1

A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.

(DALL-E/CoinDesk)

Pageof 3