Hong Kong
HashKey Raises HK$1.61 Billion in HKEX IPO; Shares End Near Flat on Debut
HashKey Holdings Ltd., operator of one of Hong Kong’s largest regulated cryptocurrency exchanges, officially began trading on the Hong Kong Stock Exchange, following its well-anticipated initial public offering (IPO). Getting...
RedotPay Funding Adds to Surge in Crypto Venture Investment This Year
RedotPay’s latest funding round shows a shift in how investors view crypto. Rather than focusing on trading or speculation, capital is increasingly flowing toward companies using blockchain to solve real...
SFC Warns on ‘Hong Kong Stablecoin Exchange’ Name as City Tightens Platform Policing
The Hong Kong Securities and Futures Commission (SFC) announced on Monday, December 15, that it has added the Hong Kong Stable Exchange/ Hong Kong Stablecoin Exchange (HSEX) to the list...
Hong Kong Unveils 10-Year Plan for RWA Tokenization and Digital Markets
Hong Kong’s financial authorities have outlined a decade-long strategy aimed at expanding real-world asset (RWA) tokenization and solidifying the city’s digital financial infrastructure, signaling a structured shift in how capital...
Hong Kong Prepares to Share Crypto Asset Data with Tax Authorities Worldwide
The Hong Kong government launched a public consultation on implementing the Crypto‑Asset Reporting Framework (CARF) and making related amendments to the Common Reporting Standard (CRS), both developed by the Organisation...
Bitget Commits $1.5 Million USD to Hong Kong Fire Relief Efforts Through Trusted Charities
Global crypto exchange Bitget is donating $1.54 million USD (around $12 million HKD) to help victims of a deadly fire at Wang Fuk Court in Tai Po, Hong Kong. The...
Binance, Bitget, KuCoin and HashKey Lead Massive Relief Push After Deadly Hong Kong Fire
The cryptocurrency sector has mounted an unprecedented humanitarian response to the devastating fire in Hong Kong’s Tai Po district that has claimed at least 65 lives, with hundreds of people...
Hong Kong Adds Two New Laws to Its Virtual Asset Regulatory Framework
According to reports, Hong Kong has introduced a new and groundbreaking legislation to implement a regulatory framework addressing virtual assets. The new law became necessary following the growth of the...
Hong Kong to Ease Restrictions on Crypto Trading to Boost Market Activity
Hong Kong’s Securities and Futures Commission (SFC) plans to ease restrictions for licensed crypto trading platforms, allowing them to connect local traders with their global order books. The regulator’s chief...
Hong Kong and China Banks Test Blockchain Links for Credit Verification
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) agreed to formalize the Greater Bay Area Cross-Border Credit Information Sharing pilot. The pilot, which was launched...
Hong Kong Stablecoin Law Becomes China’s Crypto Policy Sandbox
Mainland China continues to enforce the 2021 crypto ban, established by the People’s Bank of China (PBOC) in its September 24, 2021, notice that made all virtual-currency transactions illegal. That...
Hong Kong Maps Out 10-Point Plan for Bonds, Liquidity, and Tokenization
Regulators in Hong Kong laid out ten measures to boost bond issuance, deepen RMB markets, and advance tokenized assets. The plan ties in a third batch of tokenized green bonds...
Hong Kong Showcases New Stablecoin Licensing Law at China-ASEAN Forum
Zhang Guojun, Hong Kong’s Deputy Secretary for Justice, highlighted the city’s new stablecoin licensing law during a speech at the China-ASEAN Commercial Law Forum. The law was featured in a...
Hong Kong to Support Commercial Bank Tokenization Initiatives in 2025 Policy Address
Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation. In the 2025 Policy Address, Chief Executive John...
Hua Jian and Renhe Launch OTC Drug RWA Platform to Modernize Supply Chains
Concord Medical (HKEX: 0370) has disclosed that its affiliate Hua Jian Medical is partnering with Renhe International, a wholly-owned arm of Renhe Pharmaceutical, to build a new real-world asset (RWA)...
Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong
Beijing has ordered state-owned enterprises, Chinese banks, and major internet firms with Hong Kong operations to exit cryptocurrency ventures. The directive, reported by Caixin, bans their involvement in stablecoin issuance,...
Hong Kong Moves to Compete Globally by Softening Crypto Rules for Local Lenders
The Hong Kong Monetary Authority (HKMA) has put forward a supervisory policy known as CRP-1, designed to make it easier for banks to handle crypto assets. The draft framework lays...
Hong Kong University Business School to Accept Bitcoin for Tuition and Donations
The University of Hong Kong’s (HKU) business school is preparing to accept Bitcoin and other digital currencies for tuition fees and donations. Professor Cai Hongbin, dean of the business and...
Binance’s CZ Says Tokenization to Drive Crypto Growth, Calls on Hong Kong to Act Fast
Binance founder Changpeng “CZ” Zhao said tokenization and public-company Bitcoin treasuries are creating new opportunities for the crypto industry. Meanwhile, he warned that risks remain. Speaking at the Bitcoin Asia...
Hong Kong Officials Withdraw From Bitcoin Conference Headlined by Eric Trump
Hong Kong’s largest crypto conference hit a political landmine after a senior regulator and a legislator pulled out of its speaker lineup. The withdrawals from Bitcoin Asia 2025 came shortly...
Hong Kong Goes All-In on Big Money Crypto with Strict Basel Rules From 2026
Hong Kong’s banking authority, the HKMA, has laid out plans to adopt the world’s strictest crypto banking standards. It’s a strategic move designed to attract major financial institutions by making...
Animoca, Standard Chartered, and HKT Form Joint Venture to Seek HKMA Stablecoin License
Web3 giant Animoca Brands is teaming up with banking heavyweight Standard Chartered and telecom leader HKT to launch a new stablecoin venture in Hong Kong called Anchorpoint Financial. Why the...
China’s Plan to Fight Dollar Dominance Begins in Hong Kong on August 1
An offshore renminbi (RMB) stablecoin is advancing rapidly as Hong Kong implements its new stablecoin ordinance. This comes as Chinese tech firms like JD.com and Ant Group are lobbying to...
Hong Kong Enacts Stablecoin Ordinance, Launches High-Threshold Licensing Regime
Hong Kong is implementing a stringent new licensing regime for stablecoin issuers, a move designed to cement the city’s status as a regulated hub for digital assets. Under the new...
HSBC Launches Hong Kong’s First Blockchain-Based Settlement Service
HSBC Holdings has launched Hong Kong’s first blockchain-based settlement service. It has launched a tokenized deposit program that converts traditional bank deposits into digital tokens on a blockchain platform. The...
