Hong Kong Monetary Authority

Hong Kong harbor skyline view into Kowloon
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.
Hong Kong harbor skyline view into Kowloon

Hong Kong harbor skyline view into Kowloon
Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
Hong Kong harbor skyline view into Kowloon

Hong Kong (Ruslan Bardash / Unsplash)
Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub.
Hong Kong (Ruslan Bardash / Unsplash)

Hong Kong harbor skyline view into Kowloon
Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says
Hong Kong has not decided whether to introduce an e-HKD, the report said.
Hong Kong harbor skyline view into Kowloon

Hong Kong harbor skyline view into Kowloon
Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says
A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financia...
Hong Kong harbor skyline view into Kowloon

Licensing consultants are charging up to $1 million to advise firms on the application. (Ratnakorn Piyasirisorost/Unsplash)
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 milli...
Licensing consultants are charging up to $1 million to advise firms on the application. (Ratnakorn Piyasirisorost/Unsplash)

Victoria Harbor, Hong Kong (Unsplash)
HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report
The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.
Victoria Harbor, Hong Kong (Unsplash)

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Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
ruslan-bardash-WMSvsWzhM0g-unsplash.jpg

Sunrise over Victoria Harbor in Hong Kong cityscape (Unsplash)
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
The stablecoin is issued by a registered trust owned by First Digital.
Sunrise over Victoria Harbor in Hong Kong cityscape (Unsplash)

Users can manage and customize the entire life cycle of the CBDC, including minting, distribution, redemption and destruction. (Ripple Labs)
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.
Users can manage and customize the entire life cycle of the CBDC, including minting, distribution, redemption and destruction. (Ripple Labs)