Hong Kong partners with Chainlink, Visa, and ANZ to pilot cross-border CBDC and stablecoin transactions using blockchain interoperability protocols.
Hong kong
Hong Kong’s Bold Move: Stablecoin Ordinance to Shape Global Crypto Markets
Hong Kong has announced that the enforcement of the Stablecoin Ordinance will begin in August 2025. The official announcement indicates that, starting on August 1, 2025, businesses must get a license to issue Hong Kong dollar-backed stablecoins within the region. In May 2025, the initial version of the ordinance was ready, yet it had to […]
XRP’s Institutional Breakthrough: VivoPower’s $100M Game-Changing Investment
VivoPower, a firm trading on Nasdaq, has revealed plans to invest $100 million in XRP. With this change, VivoPower becomes the first publicly traded company to promote XRP, marking a significant milestone for larger institutions to embrace digital currencies. The partnership with BitGo enables the company to safeguard its XRP assets and advance its involvement […]
Hong Kong Firm Reitar Logtech Sets $1.5B Bitcoin Acquisition Goal
Hong Kong-based Reitar Logtech Holdings Ltd. is preparing a major $1.5 billion Bitcoin acquisition to reinforce its logistics expansion. The company plans to acquire approximately 15,000 BTC through a share issuance agreement with digital asset-focused entities. This strategic move marks a significant financial shift for the Hong Kong logistics firm. Hong Kong Firm Strengthens Treasury […]
Hong Kong Police Bust $15 Million Crypto Money Laundering Ring
Hong Kong police have arrested 12 individuals linked to a cross-border money laundering syndicate. The group laundered about HK$118 million (US$15 million) through several bank accounts and crypto exchange shops. The syndicate converted the funds into cryptocurrency which has raised concerns even as the city continues to fight financial crime. The operation led to the […]
Maldives Launches $9B Blockchain Hub to Attract Global Investment
Maldives government has announced plans to establish a $9 billion crypto project to position the nation as a global blockchain hub. This initiative focuses on the development of the Maldives International Financial Centre (MIFC) to attract foreign investment and support economic diversification. The plan seeks to establish the island nation as a leader in the […]
Hong Kong’s Securities Regulator Unveils New Guidelines for Crypto Staking Services
Hong Kong’s SFC approves crypto staking for licensed platforms, ensuring asset control, risk disclosure, and strict oversight to drive secure market growth.
HashKey and Bosera’s Tokenized ETFs Set to Transform Hong Kong’s Investment Landscape
HashKey and Bosera launch tokenized HKD and USD Money Market ETFs in Hong Kong, approved by the SFC, offering blockchain-based low-risk investment options.
Hong Kong Grants Bullish Crypto License, Advancing City’s Regulated Digital Asset Sector
Bullish Group, a Gibraltar-based cryptocurrency exchange and a subsidiary of blockchain firm Block.one, has secured regulatory approval from Hong Kong’s Securities and Futures Commission (SFC). The exchange received its license on February 18, bringing the city’s total to 10 licensed trading platforms. We are excited to announce that Bullish has received licensing approval from the […]
Standard Chartered, Animoca, and HKT to Launch Explosive HKD Stablecoin
Standard Chartered, Animoca Brands, and HKT have teamed up in a historic joint venture to revolutionize Hong Kong’s financial landscape. This collaboration is set to bridge traditional finance with Web3 for improved payments. HKD-backed Stablecoin Standard Chartered, Animoca Brands, and HKT have formed a joint venture to apply for a license from the Hong Kong […]