Region Hong Kong Financial News

05.01 / 14:21

Stablecoin CBDC regulation lawmaker Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi

Hong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to issue a CBDC in the form of a stablecoin backed by the government.

23.04 / 06:47

markets Manufacturing Action Food Everest reports testing FSSAI to inspect samples of spices and infant food pan-India

NEW DELHI : India's top food regulator, the Food Safety and Standards Authority of India (FSSAI), will conduct sampling of major spice and infant nutrition brands in India, a senior government official said requesting anonymity. The move follows two separate reports of alleged food violations by brands in spices and infant nutrition categories. FSSAI has deployed state food commissioners and issued orders for samples of major spice brands to be taken from their manufacturing units pan-India, the official said.

21.03 / 01:53

Booking Airlines WhatsApp wellness India issues advisory for nationals visiting Hong Kong urging for Pre-Arrival Registration

Consulate General of India in Hong Kong has issued an advisory for Indian nationals planning to visit the special administrative region for a period of less than 14 days. The Indian mission, in a statement, said that the nationals need to apply for online Pre-Arrival Registration (PAR).

29.02 / 23:43

Crypto Exchange SFC Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31

On February 29, Hong Kong’s Securities and Futures Commission (SFC) closed its crypto licensing portal, setting a May 31 deadline for non-compliant exchanges to cease operations.

11.12 / 09:55

HTX Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit

The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited.

29.11 / 02:27

security JPEX JPEX scandal Hong Kong Chief Executive Expresses Willingness to Cooperate on Granting More Powers to Regulate Crypto Exchanges: Report

The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax.

17.09 / 23:07

Blockchain regulation Central Bank banking Hong Kong central bank warns against crypto firms using banking terms

The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws.

17.09 / 11:07

Blockchain regulation Central Bank banking Hong Kong central bank warns against crypto firms using banking terms

The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws.

19.06 / 10:57

defi regulation Web3 Funding Hong Kong says Cyberport attracted 150 Web3 firms in a year

In the past year, more than 150 Web3 firms have set up operations in Hong Kong’s Cyberport — a digital hub set up by the country’s government to promote innovation — Financial Secretary Paul Chan Mo-po said in a statement.

06.06 / 16:53

business Law regulation Asia exchanges regulatory Hong Kong’s regulatory lead sets it up to be major crypto hub

Hong Kong — officially the Hong Kong Special Administrative Region of the People’s Republic of China — is a city of over seven million residents on the eastern Pearl River Delta in South China. The city is known for being pro-innovation and technology, and over the past year, it has introduced legislation to promote and adopt cryptocurrencies.

16.02 / 22:09

business Blockchain Technology Web3 Tokens bonds Green bonds HK Hong Kong issues HK$800m in tokenized green bonds

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR Government) announced on Feb 16 that it had issued HK$800 million in tokenized green bonds, under the Government's Green Bond Program (GBP). The bonds were underwritten by four banks and priced at a yield of 4.05%.

17.10 / 14:19

Blockchain Citi Digital Strategy Virtual assets week Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week

The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during the upcoming FinTech Week by the end of the month.

17.10 / 13:15

Digital Platform week Hong Kong to Clarify Crypto Position During FinTech Week

The authorities of China’s Hong Kong Special Administrative Region are expected to present a policy statement on the development of the city’s digital assets market at the forthcoming Hong Kong Fintech Week event.

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