Hong Kong Monetary Authority Archives

Is Hong Kong opening up to digital assets?

-

7 March, 2023

Is Hong Kong opening up to digital assets?

Many may see Hong Kong's latest regulation as a welcoming to digital asset exchanges, but the stringent requirements for licenses...

Hong Kong Monetary Authority skeptical against algorithmic stablecoins

Business

Wahid Pessarlay

-

5 February, 2023

Hong Kong Monetary Authority skeptical against algorithmic stablecoins

In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Business

Wahid Pessarlay

-

9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...

Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub

Business

Wahid Pessarlay

-

26 October, 2022

Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub

Project Aurum highlighted a technological stack to explore the viability of wholesale and retail CBDCs, utilizing two different tokens—intermediated CBDCs...

Hong Kong launches trials for more suitable use cases for e-HKD: report

Business

Wahid Pessarlay

-

5 October, 2022

Hong Kong launches trials for more suitable use cases for e-HKD: report

Eddie Yue, head of the HKMA, noted that the trials would involve commercial banks and are scheduled to begin sometime...

HKMA: Hong Kong inches toward launching wholesale CBDC

Business

Wahid Pessarlay

-

27 September, 2022

HKMA: Hong Kong inches toward launching wholesale CBDC

The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to...

Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding

Business

Wahid Pessarlay

-

22 September, 2022

Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding

The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and...

Israel central bank teams up with Hong Kong to test retail digital currency

Business

Steve Kaaru

-

21 June, 2022

Israel central bank teams up with Hong Kong to test retail digital currency

Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility...

Hong Kong central bank calls for public comments on its retail digital currency

Business

Wahid Pessarlay

-

3 May, 2022

Hong Kong central bank calls for public comments on its retail digital currency

The HKMA has issued a discussion paper titled "e-HKD: A policy and design perspective," where it laid out the central...

Business

Steve Kaaru

-

8 October, 2021

Hong Kong releases its CBDC whitepaper

The Hong Kong Monetary Authority has released a whitepaper for the e-HKD, outlining the technical aspects of the central bank...

Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments

Business

Steve Kaaru

-

11 June, 2021

Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments

While announcing a roadmap that seeks to strengthen the region’s fintech sector, the HKMA revealed it has been collaborating with...

China and Hong Kong working on digital yuan cross-border payments

Business

Steve Kaaru

-

9 December, 2020

China and Hong Kong working on digital yuan cross-border payments

Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan...

Hong Kong Monetary Authority

Recent

Trending

Most Views