Hong Kong To Expedite Crypto Licensing, Launches Panel For Virtual Asset Policy
Hong Kong’s Securities and Futures Commission (SFC) is expediting the license approval process specifically for deeme... Read more
ZA Bank Kicks Off Crypto Trading Pilot In Hong Kong
Hong Kong’s digital bank, ZA Bank, has begun testing a virtual asset trading service in a regulatory sandbox. The ser... Read more
HKMA Expands CBDC And Tokenisation Trials With Brazil And Thailand
The Hong Kong Monetary Authority (HKMA) is broadening its efforts in the digital currency space by partnering with both... Read more
Hong Kong Fintech Week 2024: HKMA Unveils Fintech Connect, Expands Tokenisation Efforts
Hong Kong Monetary Authority (HKMA) debuted Fintech Connect, its first cross-sectoral sourcing platform, during Hong Ko... Read more
HSBC, Ant International Test Blockchain HKD Cross-Bank Transactions In HKMA Sandbox
HSBC and Ant International have completed HKD-denominated cross-bank test transactions using blockchain technology unde... Read more
ZA Bank Offers Referral Rewards For Business Accounts
Hong Kong’s ZA Bank announced that it has introduced a business banking referral programme. Existing personal banking... Read more
HKMA Launches IADS Developer Platform For Secure Data Sharing Among Local Banks
The Hong Kong Monetary Authority (HKMA) has officially launched the IADS Developer Platform in partnership with the Hon... Read more
OneDegree Group Rebrands As AIFT To Reflect Focus On AI
OneDegree Group, a cybersecurity and insurance technology company, has rebranded as AIFT. This aligns with its focus on... Read more
Forbes Chinas Top 10 Most Promising Fintech Companies
Forbes China has released its annual selection of the top fintech companies in China, highlighting the nation’s most ... Read more
Hong Kongers Embrace Digital Banks As Usage Surges To Nearly 30% Of Population
Nearly 30% of Hong Kong’s 7.5 million population were using digital banks by the end of 2023, reflecting growing trus... Read more
Thunes Opens Doors For Global Wallets To Access Chinas QR Payment Systems
Thunes, a global payment network, has introduced a new QR code payment solution that allows travelers to use their home... Read more
HKMA Creates CMU OmniClear, Inks SIX Partnership For Cross-Border Investment
The Hong Kong Monetary Authority (HKMA) announced the creation of CMU OmniClear Limited, a subsidiary that will manage ... Read more
Wise Now First Non-Bank To Access Japans Domestic Payment Network Zengin
Wise, a global online money transfer service, has reportedly become the first non-bank financial institution to gain ac... Read more
Hong Kong Announces New Support Measures For SME Financing
Hong Kong’s SME Financing Guarantee Scheme will now offer a principal moratorium of up to 12 months to both existing ... Read more
Hong Kong SFC Appoints Dr. Kelvin Wong As New Chairman
The Chief Executive of Hong Kong has appointed Dr. Kelvin Wong Tin-yau as the next Chairman of the Securities and Futur... Read more