Bitcoin News / Bitcoinist - 1 year ago
According to reports, the Hong Kong Monetary Authority (HKMA), the regulatory body overseeing banking activities in the region, has allegedly been encouraging major banks such as HSBC and Standard Chartered to establish relationships with cryptocurre...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong’s central bank is reportedly pushing HSBC,
Standard Chartered, and the Bank of China, to accept cryptocurrency companies
as clients, the Financial Times reported today (Thursday), citing three people familiar with the matter. The Hong Kong...
Bitcoin News / Bitcoin.com - 1 year ago
A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker note...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong’s central bank reportedly asked major banks — including HSBC, Standard Chartered and Bank of China — why they aren’t accepting crypto exchanges as clients. T...
Bitcoin News / Bitcoinist - 1 year ago
China in recent years has taken a firm stance against cryptocurrencies, imposing stringent regulations and bans to mitigate potential risks associated with the decentralized nature of these digital assets.
However, the tides may be turning as Hong K...
Cryptocoins News / The Cointelegraph - 1 year ago
The U.S. is currently working on stablecoin market regulations, introducing three drafts of the bill by the first week of June. The Hong Kong Monetary Authority (HKMA)...
Cryptocoins News / The Cointelegraph - 1 year ago
The U.S. is currently working on stablecoin market regulations, introducing three drafts of the bill by the first week of June. The Hong Kong Monetary Authority (HKMA)...
Cryptocoins News / Blockchain - 1 year ago
BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
Coinbase, one of the world’s leading cryptocurrency exchanges, is being beckoned toward the shores of Hong Kong as the region’s progressive stance on cryptocurrencies continues to gain traction.
Johnny Ng, a prominent Legislative Council...
Cryptocoins News / Finance Magnates - 1 year ago
Nigeria's financial regulator has ordered Binance to halt
its services in the country saying the exchange was neither registered nor
regulated. In a circular issued on June 9, the Securities and Exchange
Commission (SEC) in Nigeria termed the exchang...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong fosters a favorable environment for industry growth with its proactive regulation and dedication to becoming a digital hub. Touting its progressive stance on...
Bitcoin News / Bitcoin.com - 1 year ago
The crackdown initiated by the U.S. Securities and Exchange Commission (SEC) may affect Binance in other regions and its license application in Hong Kong, according to a crypto-compliance lawyer. The expert believes the regulator wants the largest di...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong is increasingly solidifying its status as a crypto hub in Asia despite most other countries taking a cautious approach. Hong Kong — officially the Hong Kong...
Cryptocoins News / Blockchain - 1 year ago
HashKey PRO, a Hong Kong Securities and Futures Commission (SFC)-licensed virtual asset trading platform, has taken a major step towards broadening its services in the region. (Read More)
Cryptocoins News / CoinJournal - 1 year ago
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said.
All reserves will be held in segregated accounts at regulated financial institutions.
The FDUSD stablecoin will launch on...
Cryptocoins News / The Cointelegraph - 1 year ago
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation. First Digital Group, a Hong Kong-ba...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong
rolled out new rules on Thursday to guide the cryptocurrency industry in the
Chinese special administrative region. Crypto exchanges operating in the jurisdiction
are now required to get licensed to offer their services to retail traders.Ho...