Hong Kong lawmaker wants CBDC with Defi features
In an effort to come up with new ideas for a central bank digital currency, Hong Kong officials are thinking about releasing a CBDC in the form of a stablecoin supported by the government
Tag Hong Kong
Hong Kong Introduces AI Guidelines for Financial Sector
Key Takeaways On October 28, the Hong Kong Financial Services and Treasury Bureau (FSTB) announced new guidelines designed to enhance the integration of artificial intelligence (AI) within the financial services sector. During a keynote address at Fintech Week, Christopher Hui,…
Hong Kong SFC to Issue More Crypto Licenses by Year-End
Key Takeaways The Hong Kong Securities and Futures Commission (SFC) is preparing to grant additional licenses to cryptocurrency businesses by the close of 2024, according to an October 7 report from local news outlet Hong Kong 01. This comes after…
CoinCodeCap WeekInFocus: September 1, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Hong Kong Extends Deadline for Crypto License Applications
Despite the fact that the May 31 deadline has passed, HKDAEx has been awarded a fresh digital asset exchange license by the Hong Kong SFC.
HongKong’s HKDAEx Receives Digital Asset License After Deadline
Key Takeaways The Hong Kong Securities and Futures Commission (SFC) has granted a digital asset exchange license to Hong Kong Digital Asset Xchange Limited (HKDAEx) on August 27. This approval comes even though the official deadline for submitting applications passed…
Singapore Dominates Global Crypto Adoption Rankings
Singapore is leading the world in the adoption of crypto, closely followed by Hong Kong and the United Arab Emirates.
Hong Kong’s Spot Bitcoin ETFs Reach Over $256 Million in AUM
Key Takeaways Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have now amassed over 2 billion Hong Kong dollars (about $256 million) in assets under management (AUM). On August 22, the ChinaAMC Bitcoin ETF reported a notable inflow, adding 274 Bitcoin,…
CoinCodeCap WeekInFocus: August 18, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Hong Kong Sets 18-Month Deadline to Revamp Digital Asset Regulations
As part of its goal to establish itself as a global center for financial technology, Hong Kong plans to strengthen its legislation regarding digital assets within the next 18 months.
