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The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto…
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Hong Kong-based Animoca Brands has raised an additional $10 million to accelerate the development of its web3 platform Mocaverse. Animoca Brands, a Hong Kong-based firm known for investing in non-fungible tokens and web3 games, has raised an additional $10 million…
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Flare has partnered with Red Date Technology to introduce a new identity verification system for Mainland Chinese visitors in Hong Kong. The system, which uses decentralized identity technology, allows users to go through KYC checks while keeping their personal information…
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Hong Kong crypto exchange HashKey announced its native token HSK will be available for deposits on Nov. 7, while HSK/USDT spot trading opens on Nov. 26. According to the HashKey’s announcement, the digital asset exchange’s token will be listed on…
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Standard Chartered and Ant International completed SGD-denominated liquidity transfers using Ant’s Whale platform. British multinational bank Standard Chartered alongside Ant International has completed SGD-denominated liquidity transfers using Ant International’s blockchain-based Whale platform, The Asian Banker has learned. According to a…
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Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion.
USDC
USDC
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OSL Group has signed an agreement to acquire over 80% of Japan’s FSA-licensed crypto exchange CoinBest, marking its entry into the Japanese crypto market. Hong Kong‘s licensed crypto operator OSL Group has announced plans to acquire an 81.38% stake in…
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Victory Securities will be the first licensed Hong Kong crypto broker to launch cash-settled virtual asset structured products to professional investors. In a press release published on Nov. 4, Victory Securities announced its plans to launch virtual asset structured products…
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CEO of Circle, Jeremy Allaire, says stablecoins will become a critical part of Hong Kong’s trade settlements as the region transitions into more Web3 territory. According to an Oct. 30 report on South China Morning Post, Jeremy Allaire said Circle(cUSDC)…
CUSDC
cUSDC
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Hong Kong-based stablecoin issuer First Digital Trust said Thursday it is expanding its FDUSD token to the Solana network. First Digital USD (FDUSD), the fourth largest stablecoin by market capitalization issued by Hong Kong-based firm First Digital Trust, is coming…
FDUSD
First Digital USD
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DWF Labs has severed ties with a partner accused of drugging a job applicant during a meeting in Hong Kong on October 24. The alleged victim, who identified herself as “Hana” on social media, reported that the partner attempted to…
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USDC stablecoin issuer Circle has partnered with Hong Kong Telcom to build customer loyalty solutions backed by Web3 technology that will diversify how consumers discover and engage with merchants. According to Circle’s Oct. 29 press release, the stablecoin issuer officially…
CUSDC
cUSDC
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ZA Bank, Hong Kong’s digital bank, has launched a sandbox trial of its crypto trading service, aiming to provide retail investors with a regulated platform for virtual asset trading. Hong Kong-based virtual bank ZA Bank has launched a sandbox trial…
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RD InnoTech has partnered with HashKey Exchange to launch its HKDR stablecoin, aiming to facilitate compliant cross-border payments. Hong Kong-based RD InnoTech, a subsidiary of RD Technologies Group, is moving forward with plans to issue its HKDR stablecoin, designed to…
ETH
Ethereum
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Hong Kong Monetary Authority has partnered with the Bank of Thailand and Banco Central do Brasil to advance cross-border tokenization projects under collaborative initiatives. Hong Kong‘s financial watchdog, the Hong Kong Monetary Authority, has partnered with the central banks of…
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Crypto custodian Cactus Custody has completed SOC 2 Type II audit by Deloitte to meet security standards across APAC. Asia’s cryptocurrency custodian Cactus Custody founded by Jihan Wu has completed the SOC 2 Type II compliance review conducted by Deloitte to…
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