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Hong Kong’s new stablecoin law takes effect Aug. 1, introducing fines and jail time for promoting or offering unlicensed fiat ...
Asset manager’s tokenised financial products are aligned with Hong Kong’s stablecoin framework, ChinaAMC (HK) CEO Tian Gan says.
China’s exploration of yuan-backed stablecoin is not just domestic digital finance reform but also currency ...
Altogether, these developments represent Hong Kong’s final steps towards activating its regulatory regime for issuing and offering stablecoins.
Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...
A Beijing-based fintech services provider, which has provided billing systems for China's digital yuan, has signed a strategic partnership with a Hong Kong firm to tap stablecoin and virtual asset ...
Hong Kong Dollar (HKD) United Arab Emirates Dirham (AED) 1 HKD to AED = 0.4679 HKD AED on 05/07/2025 Hong Kong Dollar (HKD) Albanian Lek (ALL) 1 HKD to ALL = 10.5881 HKD ALL on 05/07/2025 Hong ...
Bond sales in Hong Kong dollars surged in the second quarter as issuers rushed to raise funds after currency interventions in the city drove down short-term borrowing costs to nearly zero.
Hong Kong’s currency has been pegged to the US dollar since 1983, initially setting the rate at HK$7.80 per US dollar. In 2005, the HKMA established a narrow trading band, allowing the Hong Kong ...