Key Takeaways:JD.com’s stablecoin is in Phase 2 of Hong Kong’s sandbox testing.
The token is pegged to fiat currencies and built for cross-border and retail transactions.
JD Chain CEO Liu Peng warned…
Key Points:Hong Kong passes global first stablecoin regulation, setting new market standards.Brokerages hold stablecoin roadshows; increased institutional interest.Stablecoins dominate crypto trading, spurring regulatory focus.
The Hong Kong government has passed the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureHong Kong’s Legislative Council has passed the long-anticipated Stablecoins Bill, establishing a licensing regime for fiat-referenced stablecoin (FRS)…
In brief
The ordinance mandates licenses for fiat-referenced stablecoin (FRS) issuers under the HKMA
Issuers must meet reserve, redemption, AML, and risk management standards
It comes as the U.S. Senate advances its own…
Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers."Hong Kong’s stablecoins are backed by fiat currency as underlying assets,…
Hong Kong’s Legislative Council passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development.…
Maximising Broker Growth with B2CORE’s IB Module
Maximising Broker Growth with B2CORE’s IB Module
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Key Points:Hong Kong Commercial Crime Bureau’s major operation.
Utilization of cryptocurrencies for money laundering.
Potential for stricter regulations on crypto exchanges.Hong Kong Police Target $15 Million Crypto Syndicate
Hong…
Twelve people have been arrested in Hong Kong and mainland China for their alleged roles in a cross-border money laundering operation that moved HK$118 million ($15 million) through cryptocurrency and…
Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local…