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Category HKMA

Hong Kong sees surge in RWA tokenization as Chinese firms pile in

Hong Kong sees surge in RWA tokenization as Chinese firms pile in

Hong Kong’s financial sector is grappling with an unprecedented surge of interest in real-world asset (RWA) tokenization as mainland Chinese instit...
HK regulator tightens custody standards for virtual asset platforms

HK regulator tightens custody standards for virtual asset platforms

The Hong Kong Securities and Futures Commission has listed new key requirements and best-practice recommendations to protect client digital assets....
Hong Kong’s HKMA and SFC warned investors against speculative hype around stablecoin licensing

Hong Kong’s HKMA and SFC warned investors against speculative hype around stablecoin licensing

Hong Kong’s top financial regulators have warned investors to exercise restraint amid a flurry of speculation surrounding stablecoin licensing and ...
Hong Kong’s stablecoin KYC rules leaves industry observers concerned

Hong Kong’s stablecoin KYC rules leaves industry observers concerned

Hong Kong’s Stablecoin Ordinance’s strict KYC requirements could hinder the adoption of stablecoin in the country.
Capital flight risks test China's plan to disrupt dollar stablecoins' dominance

Capital flight risks test China's plan to disrupt dollar stablecoins' dominance

China wants to roll out its first stablecoins to push the renminbi into more global markets and challenge the dominance of the US dollar. But behin...