Hong Kong Archives

Hong Kong authorities charge ex-Huobi manager with illicit trading

Business

Steve Kaaru

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28 June, 2022

Hong Kong authorities charge ex-Huobi manager with illicit trading

The former Huobi manager is accused of setting up an account, approved a $20 million credit line to himself, and...

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

Business

Steve Kaaru

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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 securities regulator says some NFTs may need licensing

Business

Wahid Pessarlay

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11 June, 2022

Hong Kong securities regulator says some NFTs may need licensing

The Securities and Futures Commission stated that NFT issuers in Hong Kong or those targeting its investors must acquire a...

Samsung investment arm to list blockchain ETF in Hong Kong

Business

Wahid Pessarlay

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11 May, 2022

Samsung investment arm to list blockchain ETF in Hong Kong

Samsung Assets Management Co., the investment arm of the South Korean conglomerate is set to list an exchange traded fund...

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

Business

Wahid Pessarlay

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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...

Hong Kong to license local exchanges, but limits them to professional investors

Business

Steve Kaaru

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14 February, 2022

Hong Kong to license local exchanges, but limits them to professional investors

The Hong Kong government intends to amend the AML and CFT regulations to recognize exchanges legally but plans to limit...

Hong Kong’s Amber Group to reportedly acquire DeCurret exchange in Japan

Business

Steve Kaaru

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20 January, 2022

Hong Kong’s Amber Group to reportedly acquire DeCurret exchange in Japan

Nikkei reports that DeCurret has been unable to compete with major players like bitFlyer and that the holding company will...

China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase

Business

Steve Kaaru

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14 December, 2021

China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase

China has embarked on the second phase of its cross-border central bank digital currency research with Hong Kong, and it...

Peru to partner with other countries for CBDC development

Business

David Abel

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25 November, 2021

Peru to partner with other countries for CBDC development

Central Bank President Julio Velarde said the government is partnering with countries with more advanced experience in developing its central...

Business

Steve Kaaru

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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...

BIS: CBDCs can slash the cost of cross-border remittances by 50%

Business

Steve Kaaru

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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...

Hong Kong securities regulator wants stricter laws for digital currencies

Business

Steve Kaaru

-

11 September, 2021

Hong Kong securities regulator wants stricter laws for digital currencies

The deputy head of the Hong Kong securities watchdog has proposed more stringent regulations for the digital currency trading sector...

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