Hong Kong Issues First Stablecoin Licences to Anchorpoint and HSBC
Hong Kong grants its first stablecoin licences to Anchorpoint Financial and HSBC under a new regulatory framework led by the HKMA.
Hong Kong grants its first stablecoin licences to Anchorpoint Financial and HSBC under a new regulatory framework led by the HKMA.
Hong Kong delays its first stablecoin licences, with regulators citing ongoing review processes.
Hong Kong regulators are reportedly preparing to issue the city’s first stablecoin licenses, with HSBC and a Standard Chartered-led venture expected among the initial approved issuers.
Hong Kong plans to approve its first stablecoin issuer licenses in March as part of a broader push to formalize digital asset regulation. The government will also introduce new rules for crypto dealers and custodians this year.
Hong Kong’s securities regulator will allow licensed brokers to offer digital asset margin financing and set rules for crypto perpetual contracts for professional investors.
Hong Kong could significantly expand its asset management sector by adopting tokenized fund infrastructure, according to a new BCG-led whitepaper.
Hong Kong regulators are preparing to grant the city’s first stablecoin issuer licenses, with approvals expected to be limited in the initial rollout.
Hang Seng Investment debuted a physically backed gold ETF in Hong Kong that includes a tokenized share class issued on Ethereum.
A Hong Kong securities industry body has warned that proposed licensing changes for crypto asset management could raise compliance costs and discourage traditional fund managers from limited digital asset exposure.
Hong Kong regulators have finalized licensing rules for crypto trading and custody providers, aligning oversight more closely with traditional securities regulation while launching a new consultation on advisory and asset management services.
Hong Kong’s insurance regulator is considering new capital rules that would impose a full risk charge on crypto assets while aligning stablecoin treatment with underlying fiat risk.
HashKey Holdings made its public market debut in Hong Kong following a $206 million IPO, with shares experiencing sharp swings amid heavy investor demand and cautious trading.
HashKey launched its Hong Kong initial public offering, aiming to raise up to $215 million as the company expands its infrastructure, product capabilities and regional market reach.
HashKey is set to open investor orders for its Hong Kong IPO as early as next week, with the digital-asset firm targeting at least $200 million in proceeds.
HashKey Holdings has cleared its Hong Kong Stock Exchange listing hearing, which will allow the company to advance plans for a potential $500 million initial public offering.