Hong Kong is making ready to concern its first batch of stablecoin issuer licences in the primary quarter of the 12 months, stepping up efforts to place itself as a regional hub for digital property amid rising world competitors. Key Takeaways: Hong Kong will concern its first stablecoin licences in Q1 to advance its digital…
The Hong Kong securities business is pushing again in opposition to a plan that might tighten the online round crypto publicity inside conventional portfolios, arguing town dangers scaring off mainstream asset managers simply because it tries to construct a deeper digital-asset market. In a submission dated Tuesday, the Hong Kong Securities and Futures Professionals Association…
HashKey Holdings started trading in Hong Kong on Wednesday with an early pop that rapidly cooled, as buyers weighed the trade’s long run pitch towards a jittery crypto backdrop. The firm’s shares rose about 6% within the opening stretch, then gave again many of the transfer and dipped barely beneath the IPO value of HK$6.68…
Hong Kong launched a public consultation on implementing the OECD’s Crypto-Asset Reporting Framework (CARF) and amended Common Reporting Standard (CRS), aiming to start computerized change of crypto tax info with companion jurisdictions by 2028. The authorities plans to finish legislative amendments in 2026, strengthening the town’s dedication to worldwide tax cooperation whereas sustaining its popularity…
Thai cryptocurrency trade Bitkub is weighing an preliminary public providing in Hong Kong, in response to individuals accustomed to the discussions, a transfer that might strengthen the town’s push to place itself as a number one digital-asset hub in Asia. Key Takeaways: Bitkub is exploring a Hong Kong IPO after Thailand’s struggling inventory market dampened…
Standard Chartered is betting on Hong Kong to anchor its international digital finance technique as it targets larger returns and prepares for a blockchain-powered future, in line with CEO Bill Winters. In a latest interview with the South China Morning Post, Winters praised town’s forward-thinking regulatory method, saying its openness to experimentation has created a…
Ant Group, the fintech powerhouse behind Alipay, has filed emblems in Hong Kong this yr for digital property, stablecoins, and blockchain, together with “ANTCOIN.” This, as many have speculated, is a sign to potential growth into Web3 regardless of Beijing’s recent regulatory warnings that pressured the corporate to pause its stablecoin issuance plans. The trademark…
The Hong Kong SFC has simply accredited the primary Solana spot ETF, permitting the altcoin to hitch the ranks of Bitcoin and Ethereum. ChinaAMC To List First Solana Spot ETF In Hong Kong As reported by the Hong Kong Economic Times, the Securities and Futures Commission (SFC) has accredited the primary Solana spot exchange-traded fund…
Hong Kong has accepted town’s first spot Solana ETF, a transfer that positions it as soon as once more on the entrance of regulated digital asset entry in Asia. The product, launched by ChinaAMC, the Hong Kong arm of Chinese fund supervisor China Asset Management, begins buying and selling on Oct. 27 throughout HKD, USD,…
Hong Kong’s securities regulator has permitted the primary Solana (SOL) spot exchange-traded fund, marking one other milestone within the metropolis’s effort to place itself as Asia’s main hub for regulated digital belongings. The product, managed by China Asset Management (Hong Kong), will start buying and selling on October 27, native outlet Hong Kong Economic Times…