Hong Kong ought to widen the vary of cryptocurrencies accessible on licensed exchanges if it needs to compete with international hubs such because the US and UAE, Binance founder Changpeng Zhao has mentioned. Zhao, broadly referred to as CZ, informed the South China Morning Post on Friday that town has a “very clear angle in…
Hong Kong’s Securities and Futures Commission (SFC) has issued strict new custody standards for virtual asset trading platforms following global security incidents that resulted in over $3 billion in crypto losses during the first half of 2025. The comprehensive circular sets minimum requirements for wallet infrastructure, transaction verification, and access controls as the regulator prepares…
Standard Chartered has partnered up with Animoca Brands and HKT to apply for a license under Hong Kong’s new stablecoin regime. Standard Chartered’s JV First To Apply For Hong Kong Stablecoin License According to a press release from Animoca Brands, the company has come together with Standard Chartered’s Hong Kong branch and Hong Kong Telecom…
Animoca Brands has established Anchorpoint Financial Limited, a joint venture with Standard Chartered Bank (Hong Kong) Limited and HKT, to apply for Hong Kong’s first stablecoin issuer license under the city’s new regulatory framework. The partnership submitted a formal interest to the Hong Kong Monetary Authority on August 1, the same day the Stablecoins Ordinance…
The Hong Kong stablecoin regulatory regime is set to go live on August 1, but so far, the Monetary Authority has issued no licences. Hong Kong Stablecoin Licences May Arrive Early 2026 In a press release, the Hong Kong Monetary Authority (HKMA) has shared explanatory notes and guidelines related to the new stablecoin regulatory regime…
Hong Kong will soon make it illegal to market unlicensed stablecoins to the public, as the city tightens controls ahead of the rollout of a long-anticipated regulatory framework. The move comes as authorities seek to cool market euphoria and protect retail investors from hype and fraud in the digital asset space. Eddie Yue, chief executive…