Just today, July 16, 2024, the Hong Kong Financial Secretary recently pointed out that the Hong Kong Special Administrative Region Government needs to establish a regulatory system for issuers of fiat stablecoins, which will adopt a risk-based and pragmatic approach.
JinseFinanceThe use of digital RMB will provide Hong Kong and Mainland residents with an additional safe, convenient and new cross-border payment option.
JinseFinanceJesus Rodriguez, CEO of IntoTheBlock, said the biggest risk factor in the new era of decentralized finance may be economic rather than technological.
JinseFinanceOn April 16, 2024, the Hong Kong Monetary Authority (HKMA) issued guidelines on distributed ledger technology (DLT).
JinseFinanceOn 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".
JinseFinanceAnalytics firm IntoTheBlock suggests that traders are anticipating the approval of a spot market exchange-traded fund (ETF) for Ethereum (ETH) following the recent "fake" approval announcement of spot-based Bitcoin ETFs. Ethereum has outperformed Bitcoin by over 10% since the fake announcement, signaling traders' expectations for Ethereum ETF approvals. IntoTheBlock's analysis indicates that the SEC's approval of spot Bitcoin ETFs could pave the way for a similar approval for Ethereum, as both are subject to potential manipulation.
EdmundNew data from on-chain intelligence firm IntoTheBlock finds that decentralized exchanges (DEXs) are seeing a...
dailyhodlA 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.
OthersVICTORIA, Seychelles, Aug. 23, 2022 (GLOBE NEWSWIRE) -- OKX, the world-leading cryptocurrency platform, has issued business updates for the week of August 23, 2022: OKX Earn launches Smart Gain ...
GlobenewswireThe basic premise for making a profit in cryptocurrencies is to buy cheap and sell high. There is no certain ...
Bitcoinist