The Hong Kong Monetary Authority warns crypto firms not to misuse the term "bank" in marketing. Only licensed institutions can legally use it to prevent misleading consumers and breaches of the Banking Ordinance.
The Hong Kong Monetary Authority warned the public about overseas crypto firms falsely posing as banks, amidst efforts to prevent fraud and establish Hong Kong as a crypto hub.
Three central banks, Hong Kong, Thailand, and Brazil, are partnering to innovate cross-border digital currency transactions and modernize global financial infrastructure.
The Hong Kong Monetary Authority's Project Ensemble, initiated in March, has expanded to include Brazil and Thailand, focusing on tokenization.
The Hong Kong Monetary Authority (HKMA) has advanced to Phase 2 of its e-HKD pilot program, exploring tokenized deposits and offline payments with 11 firms. An industry forum is also established to address challenges.
Hong Kong’s e-HKD project explores tokenization and programmability, broadening the potential of a CBDC.
The Hong Kong Monetary Authority has launched a sandbox to test tokenized assets in real-world scenarios, focusing on interbank settlement with tokenized currency and central bank digital currencies.
Hong Kong's Monetary Authority launched the Ensemble Project Sandbox, focusing on tokenizing traditional financial and real-world assets. The initiative includes four themes: fixed income and investment funds, liquidity management, green finance, and trade and supply chain.
Hong Kong Monetary Authority launches Ensemble Sandbox to advance tokenization technology.
Hong Kong's FSTB and HKMA propose legislation for stablecoin providers operating locally and internationally.
The Hong Kong Monetary Authority has proposed new rules for 'fiat-referenced' stablecoins, requiring a physical presence in Hong Kong, reserves at local banks, and prohibiting interest payments.
Hong Kong Monetary Authority (HKMA) and Financial Services and Treasury Bureau (FSTB) announce new regulations for fiat-pegged stablecoins after a public consultation.
France and Hong Kong collaborate on advancing the global tokenization market with wCBDC initiatives.
Hong Kong residents can now open personal digital yuan (e-CNY) wallets, a Hong Kong Monetary Authority initiative in collaboration with the People's Bank of China, promoting cross-border digital currency use.
The Hong Kong Monetary Authority and the People’s Bank of China have expanded the digital yuan pilot. Hong Kong residents can set up and top up e-CNY wallets, linking to the Faster Payment System for the first time.
The Hong Kong Monetary Authority has established the Ensemble Project Framework Working Group to create standards for central bank digital currency interoperability, advancing the integration of crypto coins in financial systems.
Hong Kong's ZA Bank is set to offer cash custody accounts to institutions aiming to issue stablecoins, pending license approval from the Hong Kong Monetary Authority (HKMA).
Animoca Brands and Standard Chartered join HKMA's stablecoin sandbox for assessment.
Hong Kong unveils new stablecoin licensing regime.
