Hong Kong Prepares To Grant Limited Batch Of Stablecoin Licenses In March – R...
Hong Kong financial authorities have announced that they will soon grant the first, limited batch of stablecoin provider licenses as the review process for applications is almost completed. Related Reading: Cardano Founder Says He’ll Sell A Blackhawk And Lambos, Mothball His Jet HKMA To Grant Limited Stablecoin Licenses Soon On Monday, the Hong Kong Monetary […]
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Hong Kong has postponed its first batch of stablecoin licenses amid money laundering concerns that could warrant stricter KYC rules. Hong Kong Has Delayed Its Initial Batch Of Stablecoin Licenses As reported by Wu Blockchain, citing coverage from Caixin, Hong Kong has postponed the issuance of its first stablecoin approvals, meaning that applicants would be […]
Hong Kong is expected to grant the first batch of stablecoin issuer licenses within two weeks, reportedly choosing HSBC and Standard Chartered as the first companies to obtain the long-awaited approval. Related Reading: Bank Of England Open To Review Stablecoin Ownership Cap Proposal Following Backlash HSBC, Standard Chartered Lead Hong Kong’s Stablecoin Race On Friday, […]
Hong Kong’s Securities and Futures Commission (SFC) has announced plans to issue more licenses for crypto asset exchanges by the end of 2024. This decision comes after a five-month evaluation period, during which only three platforms received full licenses and 11 held provisional licenses, raising initial concerns about the possibility of further approvals. Related Reading: […]
Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong government, which has undertaken a number of measures in the last few years to make home ownership both affordable and easy. The Nikkei Asian Review reported that as recently as early November, the Hong Kong government raised stamp duty to cool down the boiling Hong Kong housing market. This measure of the government was mainly aimed at....
Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong is reportedly relaxing its strict cryptocurrency regulation with a....