News with the tag "Hong Kong"

Hong Kong's Securities and Futures Commission (SFC) is tightening custody standards for licensed crypto exchanges following a regulatory review that identified weaknesses in cyber defenses.

The Hong Kong Securities and Futures Commission (SFC) has introduced stricter cryptocurrency custody rules in response to a surge in global security breaches, aiming to enhance protection against hacking and theft.

Hong Kong's SFC and HKMA issued a joint statement cautioning about stablecoin speculation and volatility, emphasizing strict licensing criteria for stablecoin issuers.

Futu Securities has opened Solana trading to eligible retail and professional investors in Hong Kong, marking a significant step in the integration of cryptocurrencies into mainstream finance in the region.

JD.com is hiring a DeFi specialist to integrate blockchain and decentralized finance into its e-commerce operations, leveraging Hong Kong's stablecoin regulations to enhance digital payment solutions.

OSL, Hong Kong's first SFC-licensed crypto exchange, has received approval to offer Solana (SOL) trading to retail investors, marking a significant expansion in the city's regulated digital asset market.

Huajian Medical (Hong Kong: 1931) has launched an Ethereum treasury strategy aiming to become the Hong Kong-traded entity with the largest ETH balance, acquiring 5,190 ETH (over $22 million) as part of this initiative.

Animoca Brands, Standard Chartered Bank Hong Kong, and HKT have formed Anchorpoint Financial Limited to pursue a stablecoin issuer license under Hong Kong's new regulatory framework.

Animoca Brands, Standard Chartered, and HKT have formed a joint venture to launch a stablecoin in Hong Kong, seeking a license from the HKMA under the new Stablecoins Ordinance.

Animoca Brands and Standard Chartered have formed a joint venture called Anchorpoint, along with Hong Kong Telecom, to establish a stablecoin issuer in Hong Kong, aiming to participate in the HKMA's stablecoin sandbox.