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Hong Kong and China launch blockchain pilot for cross-border credit verification
Hong Kong and China have announced a collaboration to test blockchain links for credit verification. According to reports, the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC)...
Hong Kong’s HKMA targets unregulated stablecoins
The Hong Kong Monetary Authority (HKMA) has warned investors that it has not approved any stablecoin issuers in Hong Kong. The regulatory body has labelled the marketing of the products as illegal. Ac...
Yuan Stablecoin Issuance: HKMA Issues Crucial Denial Amidst Reports
BitcoinWorld Yuan Stablecoin Issuance: HKMA Issues Crucial Denial Amidst Reports The cryptocurrency world is always buzzing with new developments, and recently, reports about a potential yuan stableco...
Hong Kong considers regulatory regime change for crypto-holding banks
The Hong Kong Monetary Authority (HKMA) proposed more lenient capital requirements for financial institutions holding certain digital assets on Wednesday. The initiative suggests the region’s drive to...
Suspects arrested for illegal crypto mining in Hong Kong care homes
Hong Kong police have arrested two individuals who stole electricity from two care facilities to power cryptocurrency mining. The Hong Kong police revealed that the two suspects, aged 32 and 33, alleg...
Hong Kong’s Bold Move: Unlocking Crypto Rules for Banks
BitcoinWorld Hong Kong’s Bold Move: Unlocking Crypto Rules for Banks Get ready for a significant shift in the global financial landscape! Hong Kong is making headlines with a groundbreaking proposal t...
Hong Kong goes after large scale insider trading ring
Hong Kong has begun one of its most high-profile insider trading investigations. The investigation is focusing on whether people within the city’s elite financial institutions leaked material nonpubli...
Hong Kong Officials Pull Out Of Bitcoin Asia 2025 Despite Crypto Push – Here’s Why
Recent reports claim that two Hong Kong officials have withdrawn from the upcoming Bitcoin Asia 2025 conference to allegedly avoid interacting with Eric Trump, son of US President Donald Trump. HK Off...
HSBC on the hook for $4.2 million after Hong Kong regulators find disclosure breaches
HSBC was fined $537,683 by regulators in Hong Kong for disclosure lapses after an investigation by Hong Kong regulators. Based on a joint investigation from the Securities and Futures Commission (SFC)...