Hong Kong Monetary Authority


Policy

Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source

The regulator of e-HKD has left the implementation of Hong Kong's CBDC to the banks.

Hong Kong (See-ming Lee/Flickr-Creative Commons)

Policy

Hong Kong Backs Web3 With $6.4M in Annual Budget

The city's financial secretary will lead a task force dedicated to development of virtual assets.

Hong Kong skyline (anuchit kamsongmueang/Getty Images)

Policy

How Hong Kong Is Gearing Up to Regulate Stablecoins

Requiring foreign entities that have already issued stablecoins to set up a Hong Kong entity might create complications.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Policy

No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1

A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.

(DALL-E/CoinDesk)

Policy

Hong Kong to Require Stablecoin Licensing as Early as This Year

Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Opinion

Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency

As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China.

(DALL-E/CoinDesk)

Opinion

Perché Hong Kong sta spingendo per la propria valuta digitale della Banca Centrale

In quanto centro finanziario globale, Hong Kong ha tutto l’interesse a plasmare lo sviluppo delle CBDC e in particolare dei sistemi in cui effettueranno transazioni transfrontaliere. Ma gli Stati Uniti dovrebbero essere preoccupati per la loro mancanza di piena indipendenza dalla Cina continentale.

(DALL-E/CoinDesk)

Opinion

Por que Hong Kong está pressionando por sua própria moeda digital do Banco Central

Como centro financeiro global, Hong Kong tem interesse em moldar o desenvolvimento dos CBDCs e, especialmente, dos sistemas nos quais eles realizarão transações transfronteiriças. Mas os EUA deveriam estar preocupados com a sua falta de independência total da China continental.

(DALL-E/CoinDesk)

Opinion

Por qué Hong Kong está presionando por su propia moneda digital del banco central

Como centro financiero global, Hong Kong tiene un gran interés en dar forma al desarrollo de las CBDC y, especialmente, a los sistemas en los que realizarán transacciones transfronterizas. Pero Estados Unidos debería estar preocupado por su falta de independencia total de China continental.

(DALL-E/CoinDesk)

Policy

Hong Kong Wants to Be a Crypto Hub Again

Though the city’s regulator has set a high bar for companies to operate at present, the door is open for the further relaxing of rules.

HONG KONG, CHINA - AUGUST 06: Traffic at a main road of a shopping district on August 06, 2022 in Hong Kong, China. Hong Kong's economy contracted consecutively for the last two quarters in a row due to weak exports and investment as it struggles with pandemic-induced restrictions. (Photo by Anthony Kwan/Getty Images)

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