Hong Kong Stablecoins Bill Sets The Foundation For Virtual Asset Regulation
The Hong Kong Stablecoins Bill, gazetted on 6 December 2024, aims to establish a regulatory regime for fiat-referenced ... Read more
Hong Kong Explores Gradual Phase-Out Of Cheques Through Industry Study
The Hong Kong Association of Banks (HKAB) is spearheading an initiative to phase out cheques, starting with a study of ... Read more
HKMA Open API Portal Now Includes Locations Of Self-Service Banking Machines
The Hong Kong Monetary Authority (HKMA) announced the expansion of its Open API portal with a new spatial dataset provi... Read more
OSL To Invest Up To US$30 Million In PayFi Ecosystem Development
Hong Kong-based digital asset company OSL Group has announced plans to invest up to US$30 million in the development of... Read more
OCBC Expands Hong Kong Presence, Betting Big On Banking And Wealth Management Growth
Singapore-based Oversea-Chinese Banking Corp (OCBC), Southeast Asia’s second-largest banking group, reaffirmed its co... Read more
HSBC HK App Enables Users To View Real-Time Balances From 2 Other Banks
HSBC has introduced its first open banking feature on the HSBC HK mobile app, allowing customers to view real-time acco... Read more
Making The Digital Transition With 4 Zeros For Financial Institutions
In the last two years, some large banks have been hit with very public, lengthy – over 10 hours – disruption of the... Read more
Best Robo-Advisors In Hong Kong To Watch In 2025
Step aside traditional finance—robo-advisors are revolutionising how Hong Kong manages money. These AI-powered platfo... Read more
SBI Holdings Subsidiary To Take Over DMM Bitcoins User Accounts, Assets
SBI VC Trade, a subsidiary of SBI Holdings, has reached a basic agreement to take over customer accounts and assets fro... Read more
Japanese Crypto Exchange DMM Bitcoin Shutting Down After US$320 Million Hack
Japanese crypto exchange DMM Bitcoin is shutting down after a devastating Bitcoin loss in May, according to a Cointeleg... Read more
Hong Kong Banks On Track For 2026 Operational Resilience Target, Says HKMA
Hong Kong banks are steadily advancing their operational resilience capabilities, according to Carmen Chu, Executive Di... Read more
MUFG To Acquire Japanese Robo-Advisor WealthNavi In US$664 Million Deal
MUFG Bank, a subsidiary of Mitsubishi UFJ Financial Group, has announced plans to acquire WealthNavi, a Japanese robo-a... Read more
Hex Trust Rolls Out New Electronic Trading Platform
Hex Trust, a provider of regulated institutional digital asset custody and services, announced the launch of a new elec... Read more
InvestHK Opens Cairo Office To Deepen Ties With MENA Region
InvestHK has opened a new office in Cairo, Egypt, aiming to attract businesses from the Middle East and North Africa (M... Read more
Checkout.com Expands To Japan, Launches Local Acquiring Capabilities
Checkout.com, a global digital payments provider, has announced its expansion into the Japanese market. This strategic ... Read more