First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
The stablecoin is issued by a registered trust owned by First Digital.
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Jun 1, 2023 at 2:00 a.m. UTC
Jun 1, 2023
Hong Kong Monetary Authority
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Ripple Starts Platform for Central Banks to Issue Their CBDCs
The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot.
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May 18, 2023 at 10:00 a.m. UTC
May 18, 2023
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
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May 17, 2023 at 7:16 a.m. UTC
May 17, 2023
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Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
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Apr 28, 2023 at 7:54 a.m. UTC
Apr 28, 2023
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Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source
The regulator of e-HKD has left the implementation of Hong Kong's CBDC to the banks.
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Apr 18, 2023 at 5:18 a.m. UTC
Apr 18, 2023
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Hong Kong Backs Web3 With $6.4M in Annual Budget
The city's financial secretary will lead a task force dedicated to development of virtual assets.
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Feb 22, 2023 at 8:35 a.m. UTC
Feb 22, 2023
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How Hong Kong Is Gearing Up to Regulate Stablecoins
Requiring foreign entities that have already issued stablecoins to set up a Hong Kong entity might create complications.
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Feb 21, 2023 at 7:23 a.m. UTC
Feb 21, 2023
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No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.
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Feb 17, 2023 at 12:00 p.m. UTC
Feb 17, 2023
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Hong Kong to Require Stablecoin Licensing as Early as This Year
Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.
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Jan 31, 2023 at 10:14 a.m. UTC
Jan 31, 2023
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Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency
As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China.
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Dec 13, 2022 at 9:47 p.m. UTC
Dec 13, 2022