Hong Kong pushes forward with stablecoin bill in legislative council

2024-12-18 15:14

Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…

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Источник: btcmanager.com

hong stablecoin → Результатов: 80

Hong Kong Monetary Authority aims to oversee stablecoin reserves

Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.

2022-1-13 16:26	Central Bank
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China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter

China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners.

2020-5-23 19:00	StableCoin
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Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan.

2019-9-10 00:15	Tether
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Hong Kong’s HashKey Capital Invests into Terra’s Luna Mining Token

HashKey Capital, a venture capital firm based in Hong Kong, has recently invested in another Asian company called Terra. Terra is a stablecoin provider which also manages a payment network. Instead of using the investment to buy equity at the other company, HashKey Capital decided to buy tokens instead. The venture capital company bought several […]

2019-8-27 22:25
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Op-ed: Another TrustToken Stablecoin Muddies Crypto Waters

With TrustToken releasing its Hong Kong dollar-backed stablecoin, TrueHKD, the cryptocurrency industry bears witness to yet another fiat-pegged digital asset. TrustToken’s own stable now includes blockchain versions of the USD, CAD, AUD, and GBP.

2019-6-29 20:16
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TrustToken Inc. Launches Hong Kong Dollar-Pegged Stablecoin TrueHKD

TrustToken Inc. , the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s first digital token pegged toRead MoreRead More.

2019-6-25 19:00
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TrustToken launching its first Asia-based stablecoin: TrueHKD

TrustToken, a digital stablecoin provider, today announced it is launching its first stablecoin pegged to an Asian currency, the Hong Kong dollar. The new stablecoin, TrueHKD, is fully backed by Hong Kong dollars and is launching with the support of Hong Kong-licenced digital asset custody provider Legacy Trust. TrueHKD is now available for purchase in […]

2019-6-25 02:55
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Tether (USDT) to Launch on EOS Blockchain Network

Paolo Ardoino, CTO of Bitfinex, a Hong Kong-based cryptocurrency exchange revealed that Tether (USDT), a stablecoin backed by USD, will be launching on the EOS blockchain protocol. The CTO also hinted that Tether might launch on the Lightning Network by 2019’s end, according to reports released on May 31, 2019.

2019-6-2 13:00	USDT
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TUSD Creator Bets on Stablecoin Adoption and Announces Four New Tokens for Australia, Canada, Hong Kong and Europe

The increase in the price and trading volume of various cryptocurrencies has promoted a lot of activity around the market behavior and has again boosted people’s interest in these new technologies.

2019-4-26 23:12
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Fintech Firm Launches World’s First Hong Kong Dollar-Pegged Stablecoin

Bitspark, a firm that claims to be the world’s first bankless money transfer platform, has launched Sparkdex. HKD, the first stablecoin pegged to the Hong Kong Dollar (HKD). This is to encourage stablecoin diversification in other national currencies aside from the U.

2019-1-31 18:00	trading
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Bitspark Money Transfer Platform Launches New Sparkdex.HKD Stablecoin Pegged to Hong Kong’s Currency

Bitspark is a money-transfer platform that functions within Hong Kong’s borders. Keeping up with their goals of using stablecoins primarily for value transfers, they have launched a new stablecoin that is directly connected to the Hong Kong Dollar (HKD).

2019-1-29 21:07	News
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Bitspark Launches World’s First Stablecoin Pegged to the Hong Kong Dollar

A Bitcoin remittance startup located in Hong Kong has announced that it has launched the world’s first stablecoin pegged to the Hong Kong dollar. Founded in 2014, Bitspark was created to enable the process of sending money across borders without the use of banks.

2019-1-30 17:43	Tether
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Bitspark Debuts Hong Kong Dollar-Pegged Stablecoin on Decentralized Exchange

Hong Kong dollar is the latest fiat currency to get its own stablecoin, developed by money transfer platform Bitspark

2019-1-30 15:20
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Bitspark launches Hong Kong Dollar (HKD) stablecoin

CryptoNinjas Bitspark, a cryptocurrency money transfer platform, has launched Sparkdex. HKD – the first market-ready cryptocurrency pegged to the Hong Kong Dollar (HKD). “Until now, US Dollar stablecoins have dominated the market but there are other.

2019-1-29 11:55
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Coinfloor Rebrands to Shake Up the Industry with Its Stablecoin and Physical Bitcoin Futures

CoinSpeaker Coinfloor Rebrands to Shake Up the Industry with Its Stablecoin and Physical Bitcoin Futures CoinfloorEX has been reorganized. A new entity called CoinFLEX will be based in Hong Kong and will offer trading of physical cryptocurrency futures on the Asian market.

2019-1-8 14:16	USDT
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Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether

Hong Kong-based crypto exchange Bitfinex has introduced margin trading for its associated stablecoin Tether

2018-12-22 04:18	Cryptocurrency Exchange
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PwC Is Advising (Not Auditing) Another Stablecoin Project

PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.

2018-11-6 08:15	USDC
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OKEx Lists Four New Stablecoins

Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform.

2018-10-16 22:42	Digital assets
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Two Yen-Backed Stablecoins in the Works, Hong Kong and Australian Dollar-Backed Coins Could Happen Next

With the volatility of the crypto market, it’s hardly surprising that people are using cryptocurrencies backed by fiat currencies, also known as stablecoins. One of the most popular among these new breeds of tokens is Tether, a stablecoin where every token is backed by one US dollar.

2018-10-12 17:19	Japan
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin

GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).

2018-10-10 02:10	Digital assets
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves

Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.

2018-10-9 00:43	Digital assets
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Chinese Investors Keen To Back Japanese Stablecoin

A Hong Kong investment firm has plans to raise over HK$100 million (US$12.75 million) in order to back a Japanese Yen based stablecoin. The post Chinese Investors Keen To Back Japanese Stablecoin appeared first on Ethereum World News.

2018-9-19 15:44
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin

Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).

2018-9-19 00:42	Digital assets
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The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards

Featured in today’s edition of Bitcoin in Brief are a service that allows inheritance of crypto assets and a new stablecoin launched in Taiwan. Also in our daily roundup, crypto terminals have been installed by a restaurant chain in Hong Kong, and a company now offers bitcoin gift cards for easier access to the crypto […] The post The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards appeared first on Bitcoin News.

2018-7-13 12:55
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Stablecoins are the “killer use case” for crypto, says experts amid MoonPay and RLUSD partnership

Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.

Stablecoin payments infrastructure firm BVNK raises $50m series B round

BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…

Ripple’s RLUSD goes live on global exchanges

Ripple’s stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16. In that communication, Ripple stated…

Ripple’s RLUSD scheduled for Dec. 17 launch

Ripple’s U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, Dec. 17.

Ethena officially launches USDtb, stablecoin backed by BlackRock

Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund. USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at…

Bank of England’s PRA asks firms to disclose crypto investments

The Bank of England’s Prudential Regulation Authority has issued a data request asking firms to disclose their current and planned exposures to “cryptoassets.” The statement requested firms to disclose their current and expected future “cryptoasset exposures” and to explain their…

2024-12-18 15:14

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