News with the tag "HongKong"

In a surprising turn of events that underscores the growing mainstream acceptance of digital currencies, Hong Kong-listed EDA Group has announced its consideration of a significant foray into the crypto world. Imagine a traditional industrial group stepping into the volatile yet promising realm of c...

Hong Kong is making significant strides in the realm of virtual assets! In a landmark move towards establishing itself as a premier crypto hub, the Hong Kong Securities and Futures Commission (SFC) has officially convened its Virtual Asset Consultative Panel (VACP). This inaugural meeting, held on F...

A Milestone for Digital Banks ZA Bank is now breaking news in the financial world by considering physical branches, Hong Kong’s largest digital bank. The move comes in the wake of new guidelines from the Hong Kong Monetary Authority that now allow digital banks to operate limited physical locations....

Hong Kong’s Unique Role in Crypto Innovation Hong Kong is fast emerging as a cryptocurrency capital, standing shoulder-to-shoulder with fellow key markets like Singapore and UAE, each forging ahead on pathways to financial innovation. WOW Summit CEO Ivan Ivanov also attributes this move on the groun...

Boosting Tokenized Bond Issuance Hong Kong Monetary Authority has announced a subsidy program, namely Digital Bond Grant Scheme, to help with the issuance cost of tokenized bonds. This program targets accelerating the adoption of tokenization in financial markets. This is part of the wider strategy ...

Circle expands into Hong Kong, aiming to leverage crypto-friendly regulations and bolster USDC’s growth in Asia, aligning with its upcoming IPO plans.

Hong Kong's crypto license surpasses US approvals, offering comprehensive regulations and innovation. The city aims to become a leading digital asset hub.

Hong Kong's government studies emphasize DeFi and metaverse tech for fintech growth, aiming to solidify its global leadership despite current challenges.

Hong Kong sees a 46% rise in crypto fraud cases in 2023, highlighting the need for stringent regulations and better oversight to protect investors.

South Korea’s Ministry of Justice forms a task force to tackle rising crypto crimes, focusing on market manipulation, unregistered exchanges, and deposit fraud.