Hong Kong Monetary Authority To Focus On Crypto Assets And Stablecoins

Hong Kong Monetary Authority publishes DLT distributed ledger technology guidelines

On April 16, 2024, the Hong Kong Monetary Authority (HKMA) issued guidelines on distributed ledger technology (DLT).

Summary of short essays on Hong Kong Web3 Week

Hong Kong has once again gathered a group of crypto professionals under the name of Web3. Amid the diverse collisions among retail investors, projects, KOLs, VC/PE and even government officials, the future of Hong Kong and crypto is also constantly unfolding.

An article unveils the mystery of the "sandbox" of stablecoin issuers of the Hong Kong Monetary Authority

According to official statements, the Hong Kong Monetary Authority hopes to use the "sandbox" to communicate regulatory expectations to institutions interested in issuing fiat currency stablecoins in Hong Kong and collect participants' opinions on the proposed regulatory requirements.

Hong Kong Monetary Authority Guidance on Digital Asset Custody Services and Tokenized Product Activities

On February 20, the Hong Kong Monetary Authority issued two currently effective regulatory guidance notices on digital assets and tokenized products, titled "Provision of Digital Asset Custody Services" and "Sales and Distribution of Tokenized Products Circular".

New Stablecoin Legislation is Coming - A Look at the Legislative Proposals of the Hong Kong Treasury Bureau and the Hong Kong Monetary Authority

Coverage, legislative approach, regulatory framework for fiat stablecoin issuers, custody and purchase services, and transitional measures.

Hong Kong Monetary Authority Releases Public Consultation on Stablecoin Regulation

Prior to this consultation, the HKMA had issued a Discussion Paper on Crypto-assets and Stablecoins in January 2022, inviting feedback from various stakeholders.

Hong Kong Advances e-HKD Tests

The tests are part of Project Mbridge, a CBDC network that the HKMA is testing with the People's Bank of China.

Central Bank of the United Arab Emirates and Hong Kong Monetary Authority Strengthen Financial Cooperation

A joint working group led by the CBUAE and HKMA, with support from the relevant stakeholders of the two jurisdictions’ banking sectors, will be formed to take forward the agreed initiatives.

Hong Kong Legislative Council Member Wu Jiezhuang: Has suggested that the Monetary Authority issue digital Hong Kong dollars in the form of "stable coins"

Hong Kong Polytechnic University Now Accepting Applications

The program is the first ever MSc in Blockchain Technology (MScBT) in Hong Kong.