Hong Kong


Policy

Hong Kong Regulator Tightens Custody Standards for Licensed Crypto Exchanges

A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Hong Kong’s IVD Medical Adds $19M Ether to Its Treasury

IVD Medical’s ETH buy will serve as both the backbone of its ivd.xyz tokenization platform and a yield-generating treasury asset, powering settlements, stablecoin backing, and staking strategies.

Hong Kong's skyline (Chris Lam/CoinDesk)

Policy

Animoca Brands and Standard Chartered Establish Stablecoin Issuer in Hong Kong

The joint venture, known as Anchorpoint, also includes Hong Kong Telecom and aims to build a business model for the issuance of licensed stablecoins.

Yat Siu, co-founder and executive chairman of Animoca Brands. (Shutterstock/CoinDesk)

Policy

Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials

The new rules meal that stablecoin issuers will need to apply for a license in the region.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Advertisement

Markets

Asia Morning Briefing: SEC's In-Kind BTC, ETH ETF Redemption Shift Happened Years Ago in Hong Kong

Regulators in Hong Kong were open to in-kind redemptions for the city's crypto ETFs since day one.

Hong Kong's skyline (Chris Lam/CoinDesk)

Policy

Hong Kong Releases Guidance on Strict Rules for Stablecoin Issuers

The Hong Kong Monetary Authority encouraged firms that are fully prepared to apply for a stablecoin license to do so by the end of September.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Finance

Crypto Exchange OSL Group Raises $300M Ahead of Hong Kong's Stablecoin Regulation Plan

OSL also plans to use the capital to support acquisition plans and bolster its balance sheet

Hong Kong (Dan Freeman/Unsplash)

Markets

Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.

Evan Auyang, president of Animoca Brands, speaks in an interview at the company's new Web3 workspace in Hong Kong (Chris Lam/CoinDesk)

Advertisement

Policy

China Merchants Bank’s Brokerage Arm Secures Hong Kong Virtual Assets License: Report

CMBI is the first Mainland China broker to get a virtual assets license from Hong Kong’s Securities and Futures Commission.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Policy

Over 40 Firms Prepping for Hong Kong Stablecoin License Applications: Report

The number of approved applications is expected to be small, according to reports from China media.

Hong Kong's skyline (Chris Lam/CoinDesk)