Kong

Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients

0xMain
June 15, 2023

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The Hong Kong Monetary Authority urges prominent banks to engage with crypto exchanges to stimulate the digital assets industry. The Hong Kong Monetary Authority (HKMA) is urging key banks, including HSBC and Standard Chartered, to onboard cryptocurrency exchanges as clients to establish the...

BOCI and UBS issue tokenized securities in Hong Kong via Ethereum

0xMain
June 12, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BOCI, the investment banking subsidiary of the Bank of China, has successfully launched tokenized structured notes valued at 200 million offshore renminbi ($28 million) on the Ethereum blockchain. This...

Astar Network the smart contract platform for multichain05

Hong Kong politician extends invitation to Coinbase to operate in the SAR

0xMain
June 12, 2023

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A Hong Kong lawmaker is extending an invitation to Coinbase, despite news of the SEC lawsuit occurring just one week earlier. Hong Kong Legislative Council member Johnny Ng has taken to Twitter to invite Coinbase and other global virtual asset trading operators to...

Huobi to expand trading service into Hong Kong crypto market

0xMain
May 29, 2023

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Cryptocurrency exchange platform Huobi has announced the launch of Huobi HK, an initiative that aims to provide cryptocurrency trading services to users in Hong Kong. According to the announcement on May 29, the platform aims to provide cryptocurrency trading services to users in...

OKX expands services to Hong Kong, enabling spot trading

0xMain
May 25, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OKX is expanding its operations to Hong Kong. Users can access P2P transactions or third-party providers like ApplePay, Visa, and Mastercard to purchase cryptocurrencies using HKD. Users will be...

Hong Kong set to offer retail crypto trading licenses soon

0xMain
May 23, 2023

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Hong Kong’s financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. New guidelines set to commence in June 2023 The Securities...

Ripple to showcase tokenization with new CBDC platform in Hong Kong

0xMain
May 19, 2023

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Ripple, a leading crypto solutions company, has announced its participation in the digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program initiated by the Hong Kong Monetary Authority (HKMA). As part of the program, Ripple will showcase a real estate...

Hong Kong launches pilot CBDC program

0xMain
May 18, 2023

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On May 18, the Hong Kong Monetary Authority (HKMA) officially initiated the e-HKD Pilot Program, a significant project under its ‘three-rail’ approach. This development is seen as a strategic progression towards a potential introduction of a retail Central Bank Digital Currency (CBDC), or...

Hong Kong gears up to launch crypto licensing framework

0xMain
April 27, 2023

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Hong Kong prepares to unveil its eagerly-awaited cryptocurrency licensing regime next month, aiming to solidify its position as Asia’s top destination for crypto exchanges and related businesses. Hong Kong is preparing to introduce its highly anticipated cryptocurrency licensing framework next month, aiming to...

Bitget unveils new platform for Hong Kong users

0xMain
April 27, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitget crypto exchange has launched BitgetX.hk, a new platform dedicated to its Hong Kong customers, in anticipation of the region’s virtual assets service provider (VASP) regime scheduled to take...