Ant Group and JD.com halt stablecoin projects in Hong Kong after Beijing raises concerns over privately issued digital currencies and new regulations.
Financial regulators in Hong Kong have presented an ambitious plan to make the city a digital finance leader. The main steps taken by the Securities and Futures Commission (SFC) and
Hong Kong’s de facto central bank has made a significant move to ease capital requirements for banks holding cryptocurrency assets. The Hong Kong Monetary Authority (HKMA) announced its intentions to
China’s leading energy company has entered the discussion on financial innovation in Hong Kong. At its half-year results conference, PetroChina announced that it will study the use of stablecoins for
CMB International Securities introduced its virtual asset trading function on its mobile application. The firm is a wholly-owned subsidiary of China Merchants Bank. With this launch, it became the first
Ant Group and JD.com halt stablecoin projects in Hong Kong after Beijing raises concerns over privately issued digital currencies and new regulations.
Financial regulators in Hong Kong have presented an ambitious plan to make the city a digital finance leader. The main steps taken by the Securities and Futures Commission (SFC) and
Hong Kong’s de facto central bank has made a significant move to ease capital requirements for banks holding cryptocurrency assets. The Hong Kong Monetary Authority (HKMA) announced its intentions to
China’s leading energy company has entered the discussion on financial innovation in Hong Kong. At its half-year results conference, PetroChina announced that it will study the use of stablecoins for
CMB International Securities introduced its virtual asset trading function on its mobile application. The firm is a wholly-owned subsidiary of China Merchants Bank. With this launch, it became the first
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