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Hong Kong03

15 Jun 23

#Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients

Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients The cryptocurrency industry continues to gain traction worldwide, and Hong Kong is set to solidify its position as a global cryptocurrency hub. In a groundbreaking move, the Hong Kong Monetary Authority (HKMA) has urged major banks, including HSBC and Standard Chartered, to onboard cryptocurrency […]

MetaZone secures funding03

12 Jun 23

BOCI and UBS issue tokenized securities in Hong Kong via Ethereum

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BOCI, the investment banking subsidiary of the Bank of China, has successfully launched tokenized structured notes valued at 200 million offshore renminbi ($28 million) on the Ethereum blockchain. This marks the bank’s inaugural attempt at issuing a tokenized security in Hong […]

Astar Network the smart contract platform for multichain05

12 Jun 23

Hong Kong politician extends invitation to Coinbase to operate in the SAR

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A Hong Kong lawmaker is extending an invitation to Coinbase, despite news of the SEC lawsuit occurring just one week earlier. Hong Kong Legislative Council member Johnny Ng has taken to Twitter to invite Coinbase and other global virtual asset trading […]

Hong Kong01

01 Jun 23

First Digital unveils Hong Kong-based USD stablecoin

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hong Kong-based trust company First Digital is set to introduce a new stablecoin, “First Digital USD” (FDUSD), which will be pegged to the US dollar and regulated in Asia. In a June 1 release, First Digital announced that the stablecoin would […]

Royalty Brings Web303 1

29 May 23

Big solana buys on Huobi may be driven by Hong Kong’s new crypto regulations

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A large amount of Solana has been purchased on Huobi, preceding the landmark decision by the Hong Kong government to allow citizens to buy crypto starting June 1st. Cryptocurrency trader and influencer “MartyParty” tweeted about significant purchases of the solana (SOL) […]

Leveraged crypto trading in 202303 1

29 May 23

Huobi to expand trading service into Hong Kong crypto market

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency exchange platform Huobi has announced the launch of Huobi HK, an initiative that aims to provide cryptocurrency trading services to users in Hong Kong. According to the announcement on May 29, the platform aims to provide cryptocurrency trading services to […]

Hong Kong03

25 May 23

OKX expands services to Hong Kong, enabling spot trading

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OKX is expanding its operations to Hong Kong. Users can access P2P transactions or third-party providers like ApplePay, Visa, and Mastercard to purchase cryptocurrencies using HKD. Users will be able to purchase, trade, and convert among many cryptocurrencies, including but not […]

Metacade0103

23 May 23

Hong Kong set to offer retail crypto trading licenses soon

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hong Kong’s financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. New guidelines set to commence in June 2023 […]

Hong Kong02 1

19 May 23

Ripple to showcase tokenization with new CBDC platform in Hong Kong

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple, a leading crypto solutions company, has announced its participation in the digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program initiated by the Hong Kong Monetary Authority (HKMA). As part of the program, Ripple will showcase a […]

Hong Kong03

18 May 23

Hong Kong launches pilot CBDC program

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On May 18, the Hong Kong Monetary Authority (HKMA) officially initiated the e-HKD Pilot Program, a significant project under its ‘three-rail’ approach. This development is seen as a strategic progression towards a potential introduction of a retail Central Bank Digital Currency […]

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