Top Stories
Hong Kong News
Top Hong Kong Stories
Latest Hong Kong News
News
China’s top court officials have signaled fresh scrutiny of cryptocurrency-related disputes after authorities said they would study judicial rules for cases involving virtual currencies and cross-border finance. According to comments made during a Wednesday press conference in Beijing, Liu Guixiang,…
News
Hong Kong authorities plan to introduce new licensing rules for virtual asset advisory and management service providers as the city expands oversight of its digital asset market. The Financial Services and the Treasury Bureau and the Securities and Futures Commission…
News
Bitfire stablecoin ambitions are accelerating even as the Hong Kong crypto firm posts a HK$245 million half-year loss. Bitfire reported a profit warning on May 21 disclosing a net loss of up to HK$245 million ($31.28 million) for the six…
News
Hong Kong’s first officially approved HKD-backed stablecoin, HKDAP, has completed a live transfer test on Ethereum involving three licensed firms. The transfer of Hong Kong’s HKD-backed stablecoin on Ethereum (ETH) demonstrates the regulator’s willingness to adopt innovative DeFi tooling. According…
ETH
Ethereum
News
Kraken parent Payward has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, adding card issuance and cross-border stablecoin payment infrastructure to its expanding business services platform. Payward announced Thursday that the transaction will be paid through…
News
Hong Kong regulators have warned investors about counterfeit stablecoins circulating under the names of newly approved issuers, even as the city prepares for its first regulated launches. Scammers have begun promoting fake tokens linked to HSBC and Anchorpoint Financial, the…
News
Flow Capital Partners is set to bring its $150 million private credit fund to the DigiFT tokenization platform by the end of April. Bloomberg reported Friday that the Hong Kong-based asset manager will offer on-chain shares of the fund, which…
News
HSBC and the Standard Chartered-backed Anchorpoint Financial have been granted Hong Kong’s first stablecoin issuer licenses. The Hong Kong Monetary Authority (HKMA) released the names of the successful applicants on Friday, signaling the start of a new era for regulated…
Feature
Hong Kong lawmaker Johnny Ng says harsh COVID travel rules, not China’s 2021 crypto ban, pushed firms out as Hong Kong and Singapore now compete head‑to‑head as crypto hubs. Hong Kong Legislative Council member Dr. Johnny Ng Kit-chong (@Johnny_nkc) said…
News
Banking giants HSBC and Standard Chartered are expected to be among the first institutions to receive stablecoin issuer licenses in Hong Kong, marking a major step in the city’s effort to build a regulated digital-asset ecosystem. Hong Kong poised to…
News
Hong Kong will introduce sweeping reforms to strengthen its position as a global digital asset hub, Financial Secretary Paul Chan announced in his 2026-27 Budget speech, outlining new licensing rules, stablecoin approvals and tokenization initiatives. The government will table a…
News
Major financial hubs in Asia are stepping up regulated digital asset efforts in 2026, with Hong Kong preparing to issue its first stablecoin licences as early as March, while Malaysia’s central bank begins testing ringgit-based stablecoins and tokenised deposits under…
News
OSL Group raised $200m to scale institutional stablecoin trading, payments products, and licensed acquisitions, doubling down on compliance-first digital asset infrastructure. OSL Group announced Thursday it has closed a $200 million equity financing round to fund expansion of its stablecoin…
News
Hong Kong is weighing a cautious shift that could open the door for insurers to enter crypto markets. The city’s Insurance Authority is proposing new rules that would allow insurance firms to invest in assets such as cryptocurrencies and infrastructure.…
News
HashKey has opened subscriptions for its Hong Kong initial public offering, targeting up to $215M with backing from UBS and Fidelity in a key moment for the city’s crypto ambitions. The exchange operator is seeking to raise as much as…
News
Hong Kong crypto exchange operator HashKey Holdings has been cleared by the Hong Kong Stock Exchange for a listing that would allow it to move forward with an initial public offering. HashKey Holdings, which operates the largest licensed digital asset…
