Hong Kong

Hong Kong Passes Strict Stablecoin Bill, Sets Global Benchmark

Hong Kong passed strict new rules for stablecoins on May 21, 2025.All stablecoin issuers must hold 100% high-quality reserves, such as cash or short-term...

Hong Kong Plans New Digital Asset Push, Eyes Tokenized Trade

Hong Kong is preparing a second digital asset innovation plan, with a focus on digital securities and tokenized trading.The government aims to blend traditional...

Hong Kong, HKU develop crypto tracker to fight money laundering

Hong Kong Customs is working with the University of Hong Kong to develop a digital system for tracing cryptocurrency transactions linked to money laundering.Officials...

China to Sell Seized Crypto via Licensed Hong Kong Exchanges

China will sell seized cryptocurrency through licensed exchanges in Hong Kong for the first time.The initiative uses the China Beijing Equity Exchange (CBEX) and...

Hong Kong Lawmakers Approve Landmark Stablecoin Regulation Bill

Hong Kong's Legislative Council passed a new law to regulate fiat-referenced stablecoins.The legislation will take effect later this year and strengthens Hong Kong's financial...

Hong Kong Police Bust Crypto-Based $15M Cross-Border Laundering Ring

Police arrested 12 people in Hong Kong and mainland China for laundering $15 million using crypto and over 500 bank accounts.The syndicate rented a...

GTJAI to Issue Tokenized Securities in Hong Kong, Eyes Digital Hub

Guotai Junan International plans to issue various tokenized securities in Hong Kong, leveraging digital ledger technology for issuance, trading, and custody.The company received regulatory...

Goldman Sachs, Moody’s, and Hong Kong FMI Join Global Synchronizer Foundation for Blockchain Collaboration

Goldman Sachs, Moody's and Hong Kong FMI Services have joined the Global Synchronizer Foundation, expanding its membership to over 30 institutions.The Canton Network aims...

Latest news

Wall Street Cuts Coinbase Targets After Q4 Results

Coinbase shares rose over 6% in pre-market trading despite multiple Wall Street analysts cutting their price targets after the...

Musk Slams Anthropic AI as ‘Evil’ as Exits Hit xAI

Anthropic has raised $30 billion in Series G funding at a staggering $380 billion valuation.Elon Musk attacked the company...

Hong Kong to Grant First Cryptocurrency Licenses in March 2026

The Hong Kong Monetary Authority (HKMA) aims to issue its first crypto licenses by March 2026, charting a separate...

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