2023-11-8 15:47 |
The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products. origin »
|
Visa has successfully concluded its participation in the Hong Kong Monetary Authority’s (HKMA) pilot program for a central bank digital currency (CBDC) with HSBC and Hang Seng Bank. The program, which is part of the city’s broader “Fintech 2025” strategy,…
2023-11-2 16:21 | |
|
|
Visa has tested tokenized deposits for Hong Kong's central bank digital currency (CBDC) in collaboration with HSBC and Hang Seng Bank, highlighting the potential for revolutionizing the nation's payment system.
2023-11-2 07:48 | |
|
|
Hong Kong has completed the first pilot phase of its central bank digital currency (CBDC), the digital Hong Kong dollar (e-HKD). The Hong Kong Monetary Authority (HKMA) is now preparing for the second phase of the CBDC pilot program.
2023-10-31 17:00 | |
|
|
The Hong Kong Monetary Authority (HKMA) remains undecided on making a policy decision regarding the introduction of a retail central bank digital currency (CBDC) after concluding the first pilot project of the e-HKD.
2023-10-31 21:50 | |
|
|
The initial phase of Hong Kong's central bank digital currency (CBDC) pilot has concluded, showcasing potential advancements in digital finance, though leaving uncertainties regarding its full implementation and technological direction.
2023-10-31 20:15 | |
|
|
A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said.
2023-10-30 15:23 | |
|
|
Центральный банк Гонконга (Bank of China Hong Kong, BOCHK) объявил о запуске пилотного проекта по использованию смарт-контрактов для местной государственной цифровой валюты.
2023-10-26 13:03 | |
|
|
The Hong Kong Monetary Authority has issued a stern warning to cryptocurrency-related firms that are misrepresenting themselves as banks or describing their products as deposits.
2023-9-18 19:31 | |
|
|
The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme.
2023-9-18 13:38 | |
|
|
Hong Kong's financial regulator earlier called out JPEX for operating in the region without approval. The central bank, HKMA, alerted that such businesses didn't come under its purview. HoThe post Hong Kong's central bank warns against these crypto firms appeared first on AMBCrypto.
2023-9-17 04:30 | |
|
|
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits. ” Using terms such as digital bank, crypto bank and crypto asset bank contravenes the Banking Ordinance.
2023-9-16 21:23 | |
|
|
On Friday (15 September), the Hong Kong Monetary Authority (HKMA) warned against cryptocurrency companies misusing the word bank when describing their services. The regulator highlighted that these firms mislead users who think these companies are HKMA-certified.
2023-9-16 19:22 | |
|
|
The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
2023-9-13 00:45 | |
|
|
A collaborative initiative dubbed Project Sela sought to test and develop a central bank digital currency (CBDC) suited for mass retail use.
2023-9-13 20:35 | |
|
|
The Swiss bank SEBA received an in-principle license approval from the Hong Kong Securities and Futures Commission (SFC). The in-principle approval from the financial authority will allow the entity to operate in the crypto industry. The company can offer advisory…
2023-8-30 17:19 | |
|
|
SEBA Bank, a Switzerland-based crypto-focused bank, has secured an in-principal license to offer crypto services in Hong Kong. SEBA’s Hong Kong unit announced this achievement on August 30. The Securities and Futures Commission (SFC) license allows the bank to offer over-the-counter crypto derivatives and other products in Hong Kong. Also, SEBA Hong Kong said it […]
2023-8-30 17:00 | |
|
|
The subsidiary of Switzerland's SEBA Bank, SEBA Hong Kong, moves a step closer to offering regulated cryptocurrency-related services
2023-8-30 15:14 | |
|
|
Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities
2023-8-30 11:20 | |
|
|
The bank's Hong Kong unit would work primarily with its Zurich-based parent company to offer crypto services. SEBA Bank opened a new office in Hong Kong in November 2022 for its expansion into The post Hong Kong grants crypto approval to a major Swiss bank appeared first on AMBCrypto.
2023-8-30 10:30 | |
|
|
SEBA Bank’s subsidiary in Hong Kong has achieved a significant milestone, receiving in-principle approval from the Hong Kong Securities and Futures Commission (SFC). This tentative green light allows SEBA Hong Kong to engage in a range of crypto-focused financial activities.
2023-8-30 09:03 | |
|
|
Swiss-based SEBA bank has received conditional approval from Hong Kong's Securities and Futures Commission to offer cryptocurrency services in Asia, pending fulfilment of certain conditions. The post SEBA Bank Granted Conditional Approval for Hong Kong Crypto Services appeared first on BeInCrypto.
2023-8-30 07:52 | |
|
|
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month.
2023-8-30 04:00 | |
|
|
Police in hong kong have taken down a $65 million money laundering network that moved funds through bank accounts, cash exchanges and crypto trades. The post Hong Kong Police Take Down $65 Million Triad Money Laundering Operation appeared first on BeInCrypto.
2023-8-27 19:15 | |
|
|
The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.
2023-7-31 12:33 | |
|
|
Ripple's Central Bank Digital Currency (CBDC) technology is gaining adoption in regions like Palau, Hong Kong, and South Korea following its partial win against the US SEC. The post Ripple XRP Ledger Adoption Spikes Internationally After Historic Win Against the SEC appeared first on BeInCrypto.
2023-7-31 17:55 | |
|
|
Fubon Bank has partnered with Ripple for real estate tokenization as part of the Hong Kong Monetary Authority's (HKMA) eHKD pilot program
2023-7-29 15:33 | |
|
|
The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since.
2023-7-27 15:02 | |
|
|
Mox Bank, an online-only bank in Hong Kong, blocked some user accounts previously involved in crypto transactions. Some complain they have nothing to do with digital currencies. Although the virtual bank started to review the issue, some users have pointed…
2023-7-11 11:45 | |
|
|
HSBC, one of Hong Kong's largest financial institutions, has made history by enabling its clients to trade bitcoin and ethereum Exchange-Traded Funds (ETFs), becoming the first bank in the city to do so.
2023-6-27 19:01 | |
|
|
HSBC, Hong Kong’s largest bank, has made a historic move by opening its doors to cryptocurrency investments. The bank has reportedly started offering its customers access to Bitcoin and Ethereum Exchange-Traded Funds (ETFs) listed on the Hong Kong exchange.
2023-6-26 18:00 | |
|
|
HSBC Launches Cryptocurrency Trading Services in Hong Kong, Offering Bitcoin and Ethereum ETFs In a significant development, HSBC, the largest bank in Hong Kong, has reportedly introduced its initial range of cryptocurrency services tailored for the local market.
2023-6-27 16:54 | |
|
|
Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank.
2023-6-26 14:10 | |
|
|
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients.
2023-6-15 08:57 | |
|
|
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients.
2023-6-16 08:57 | |
|
|
Hong Kong’s central bank reportedly asked major banks — including HSBC, Standard Chartered and Bank of China — why they aren’t accepting crypto exchanges as clients.
2023-6-15 08:55 | |
|
|
Investment Chinese bank BOC International tokenized securities in Hong Kong, based on the Ethereum blockchain. This is the first product of its kind in the Asia-Pacific region, created in accordance with the laws of Hong Kong and Switzerland.
2023-6-13 23:37 | |
|
|
The securitized tokens are governed by Hong Kong and Swiss law.
2023-6-13 22:20 | |
|
|
BOCI, the investment banking subsidiary of the Bank of China, has successfully launched tokenized structured notes valued at 200 million offshore renminbi ($28 million) on the Ethereum blockchain.
2023-6-12 21:14 | |
|
|
It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company.
2023-6-13 19:55 | |
|
|
After a year of intensive study of costs and benefits, the Special Administrative Region of Hong Kong in China is making preparations for the launch of a public-use central bank digital currency (CBDC).
2023-6-10 21:00 | |
|
|
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for central bank digital currency research.
2023-6-2 00:48 | |
|
|
The bank announced its plans, part of its diversification strategy, the day after Hong Kong released its new guidelines.
2023-5-25 23:30 | |
|
|
Ripple has announced its participation in the digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program initiated by the Hong Kong Monetary Authority (HKMA). As part of the program, Ripple will showcase a real estate asset tokenization solution and unveil its new CBDC platform.
2023-5-19 14:21 | |
|
|
On May 18, the Hong Kong Monetary Authority (HKMA) officially initiated the e-HKD Pilot Program, a significant project under its ‘three-rail’ approach. This development is seen as a strategic progression towards a potential introduction of a retail Central Bank Digital…
2023-5-18 19:00 | |
|
|
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications
2023-5-17 10:16 | |
|
|
Hong Kong’s central bank has urged banks to provide services to crypto firms before receiving a license.
2023-4-29 12:46 | |
|
|
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
2023-4-28 10:54 | |
|
|
Coinspeaker Hong Kong Banks to Decide on CBDC Outlook The central bank of Hong Kong has charged other banks to come up with what they think the CBDC should look like. Hong Kong Banks to Decide on CBDC Outlook
2023-4-18 13:35 | |
|
|
At least one bank is leaning towards developing it on a permissioned blockchain.
2023-4-18 08:18 | |
|
|
Coinbase rolled out the newest State of Crypto report. The study was conducted by Ipsos. It observes how crypto and blockchain technology are viewed in Argentina, Kenya, the Philippines, and Switzerland and how it impacts the lives of people in…
PostFinance, a Swiss state-owned bank, has announced the launch of crypto staking for its customers. On Jan. 16, PostFinance announced that it has expanded its crypto trading and custody solution to include staking.
Swiss crypto bank Sygnum has raised nearly $60 million in a strategic growth round as it plans further regional expansion. Digital asset Swiss bank Sygnum has raised $58 million in its Strategic Growth Round, pushing its value to over $1…
A proposition to add Bitcoin to Switzerland’s national reserves has been set in motion by the Swiss Chancellery. Proposed by a coalition of ten Swiss crypto advocates, including Tether’s Vice President of Energy and Mining Giw Zanganeh and Swiss think…
Swiss policymaker Samuel Kullmann garnered a sweeping majority of votes for a Bitcoin mining study focused on optimizing the local power infrastructure.
Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector. The warning, detailed in FINMA’s 2024 Risk Monitor report, highlights the growing misuse of digital assets like cryptocurrencies and stablecoins for illicit activities.
Solana-based decentralized exchange (DEX) Raydium has outperformed stablecoin giant Tether in daily fee generation. According to data from DeFiLlama, Raydium generated over $15 million in fees in the last 24 hours, surpassing Tether’s $13 million during the same period.