Hong Kong flirts with e-HKD as it talks of marriage with e-CNY
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The city’s de facto central bank Wednesday sought public consultations on the e-HKD, as the Hong Kong Monetary Authority (HKMA) chief expressed concerns on a retail digital Hong Kong dollar…
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Hong Kong’s financial sector is witnessing a major shift. Standard Chartered’s Hong Kong unit has partnered with Animoca Brands, which is planning to go public in the U.S., to create a stablecoin tied to the Hong Kong dollar. As announced, both companies have set up a new business called Anchorpoint…
Financial regulators in Hong Kong have limited the sale of crypto spot ETFs to professional investors only Professional investors in Hong Kong are defined as having a portfolio of no less than HKD$8... [[ This is a content summary only. Visit my website for full links, other content, and more!…
The Hong Kong Monetary Authority (HKMA) has announced an ambitious plan to make the region a global hub for tokenization and financial innovation. Unveiled during Hong Kong Fintech Week, the regulator’s Fintech 2030 strategy outlines a roadmap to strengthen the city’s fintech ecosystem over the next five years. The strategy…
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