Hong Kong News
Hong Kong and Shanghai to Boost Digitised Cargo Trade and Cross-Border Finance
Hong Kong and Shanghai, alongside the National Technology Innovation Center for Blockchain have signed a new MoU to deepen cooperation on di...
Brazil and Hong Kong Link CBDC Networks in Cross-Border Blockchain Pilot Using Chainlink
Brazilian digital bank Banco Inter has completed a blockchain-based cross-border trade finance pilot. The project was conducted in partnersh...
Hong Kong Opens Global Crypto Liquidity Access for Licensed Exchanges
Hong Kong’s Securities and Futures Commission (SFC) will allow licensed crypto exchanges to connect to global liquidity by sharing order b...
Hong Kong Green-Lights Asia’s First Spot Solana ETF Ahead of The Pack
The world’s first Solana (SOL) spot exchange-traded fund (ETF) has been approved in Hong Kong, named ChinaAMC Solana (3460). According to ...
Beijing Halts Chinese Tech Giants’ Stablecoin Ambitions in Hong Kong
Chinese tech and financial companies Ant Group and JD.com are now obligated to halt the issuance of stablecoins in Hong Kong following instr...
UBS, Chainlink, and DigiFT Launch Hong Kong Pilot for Tokenised Funds
Chainlink, UBS Asset Management, and DigiFT have teamed up on a pilot study in Hong Kong to automate the management of tokenised funds. The ...
QMMM Stock Explodes 1,736% After US$100M Digital Assets Bet
Hong Kong-based investment company QMMM Holdings’ shares erupted on Tuesday following the announcement of a large-scale digital assets str...
Ripple’s Q4 2024 Report Shows Remarkable Growth, But Hong Kong Approval Causes Uncertainty for XRP
According to Ripple’s Q4 2024 report, XRP has rebounded from the depths of the bear market and recorded a 280% surge during Q4 and a XRP L...
China Tightens Grip: New Regulations to Curb Risky Crypto Trades Among Banks
China’s topsy-turvy relationship with cryptocurrency has entered a new, disheartening phase for Mainland investors. Once upon a time, the ...
Crypto Tax Exemption Plan to Put Hong Kong Ahead in Competition for Investment
Hong Kong is considering a capital gains tax exemption for crypto investments held by hedge funds, private equity funds and some family offi...
Circle CEO Touts Stablecoins as Future of Global Trade at Hong Kong FinTech Week
Stablecoins are having their time in the sun. The tokenised assets, typically tied to an underlying value such as the US dollar, have been h...
Chainalysis: East Asian Crypto Adoption Driven by Institutions
Eastern Asia has risen to the sixth spot in the global crypto economy, driven by institutional trading in South Korea and Hong Kong, accordi...