Hong Kong
Standard Chartered CEO Sees Hong Kong Stablecoin as Pivotal for International Trade Settlement
At FinTech Week, the Standard Chartered CEO said Hong Kong’s digital asset pilots, including HKD-backed stablecoins and tokenized deposits, could transform cross-border trade, as regulators unveiled new rules allowing shared order books for crypto exchanges.
Alibaba Affiliate Ant Group Files ‘AntCoin’ Trademark in Hong Kong, Hinting at Crypto Ambitions
While the filing doesn’t confirm a token launch, it shows Ant Group laying legal groundwork to merge its Alipay ecosystem with regulated Web3 and stablecoin infrastructure.
Hong Kong's Securities Regulator Approves First Solana ETF
Hong Kong beats the U.S. to listing a Solana ETF, though J.P. Morgan expects inflows to be modest compared to its BTC and ETH counterparts.
China Financial Leasing Group to Raise $11M for Crypto Investment
China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hong Kong dollars each.
DL Holdings Spends $41M In Push to Become Hong Kong’s Top Publicly Traded Bitcoin Miner
The purchase brings DL's mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s).
Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means its currency is available around the world.
China Pumps the Brakes on RWA Businesses in Hong Kong: Reuters
At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources familiar with the matter
Chainlink's LINK Gains as DigiFT, UBS Fund Tokenization Pilot in Hong Kong
DigiFT, Chainlink and UBS won approval under Hong Kong’s Cyberport subsidiy scheme to build automated infrastructure for tokenized financial products.
Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding: Report
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets
