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Hong Kong

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms
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1 November, 2022

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms

In an effort to regain retail traders' trust, Hong Kong has imposed a mandatory licensing program for digital asset service...
Hong Kong reveals new CBDC design in collaboration with BIS Innovation Hub
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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 moving in different direction toward digital assets from mainland China
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25 October, 2022

Hong Kong moving in different direction toward digital assets from mainland China

Hong Kong is moving closer to its goal of becoming an international virtual assets center as it opens its gates...
Huobi to be acquired by Hong Kong investment firm, plans international business expansion
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11 October, 2022

Huobi to be acquired by Hong Kong investment firm, plans international business expansion

Details of the deal's valuation were not made public, but there is speculation that the amount would be below market...
Hong Kong launches trials for more suitable use cases for e-HKD: report
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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...
Bank of International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank of International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
HKMA: Hong Kong inches toward launching wholesale CBDC
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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...
Huobi’s sister company weighs name change
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26 September, 2022

Huobi’s sister company weighs name change

Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image,...
Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding
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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...
Hong Kong University of Science and Technology to launch metaverse campuses
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4 August, 2022

Hong Kong University of Science and Technology to launch metaverse campuses

The platform named MetaHKUST will use XR technology to provide an immersive study experience that will connect student and research...
Huobi applies for trading license in Hong Kong ahead of upcoming regulations
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20 July, 2022

Huobi applies for trading license in Hong Kong ahead of upcoming regulations

Huobi Global said that the application is in keeping with Hong Kong's new Anti-Money Laundering and Counter-Terrorist Financing Bill that...
Hong Kong: OSL digital currency exchange lays off employees
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6 July, 2022

Hong Kong: OSL digital currency exchange lays off employees

OSL spokesperson also noted that the exchange had adjusted its business model to focus more on software-as-a-service, as well as...