Hong Kong

Hong Kong

Policy

Hong Kong will start granting stablecoin issuer licenses in March: Reuters

Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), said only a very few stablecoin licenses would be issued initially.

Hong Kong Harbor (Shutterstock/Modified by CoinDesk)

Policy

Hong Kong is positioning itself as crypto’s global connector, says lawmaker Johnny Ng

The Hong Kong lawmaker and Web3 advocate said common law, open capital flows and ties to southern China give the city a unique role in global crypto markets.

Lawmaker

Policy

Animoca’s Yat Siu says crypto’s Trump moment is over

With the political hype fading, Siu argues crypto’s next phase will be shaped less by personalities and more by infrastructure, regulation and who actually uses the technology.

Animoca Brands' co-founder and executive chairman Yat Siu speaks at Consensus Hong Kong (CoinDesk)

Markets

Solana Accelerate to open Consensus Hong Kong in February

CoinDesk and the Solana Foundation said the developer event will kick off Consensus Hong Kong on Feb. 11, setting the tone for a week focused on builders, capital, and policymakers.

Consensus Hong Kong

Policy

Hong Kong regulators target 2026 legislation for virtual asset dealer and custodian rules

The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.

Colonnade at the Hong Kong Legislative Council building

Finance

HashKey Capital's $500 million-target blockchain fund raises $250 million in first round

The HashKey Fintech Multi-Strategy Fund IV aims will invest in blockchain infrastructure and applications with real-world use cases.

Hong Kong's skyline (Chris Lam/CoinDesk)

Policy

Hong Kong proposes new rules to tap insurance capital into cryptocurrencies

Public consultation on the proposal will occur from February to April, with legislative submissions expected later in the year.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Crypto exchange HashKey's shares fall, recover on trading debut in Hong Kong

Investors questioned whether Hong Kong’s dominant licensed exchange can turn surging volumes and regulatory advantage into sustainable profits.

CoinDesk

Finance

Hong Kong's RedotPay raises nearly $110 million Series B to push global stablecoin payments

The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

HashKey Seeks $215 Million in Hong Kong IPO While Racing Against Its Cash Burn Rate

HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.

CoinDesk