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Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks


The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong...

3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation


New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance Revolution: Three Nations Pioneer Digital Asset Integration The Hong Kong Monetary Authority (HKMA)...

Major Hong Kong Exchange Group to Launch Virtual Asset Index Series


HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and aims to foster a dynamic virtual asset ecosystem...

Hong Kong Unveils Regulation Roadmap, Hints at New Cryptocurrency Incentives


The government of Hong Kong is on the verge of completing stablecoin regulations to become a more friendly hub for cryptocurrency investments. In addition, authorities stated that they have been considering extending crypto tax cuts to more investors. Hong Kong to Finalize Stablecoin Regulation...

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