Tagged: hong kong

August 11, 2025 @ 10:50 pm By Omar Faridi  |  

The Asia-Pacific region’s initial public offering market continued its upward trajectory despite market volatility and geopolitical tensions. In the first seven months of 2025, 385 listings raised a “$28.4 billion in the region, which marks a 32.6% year-on-year (YoY) increase in IPO proceeds.” Greater China… Read More

August 11, 2025 @ 2:46 pm By Michael Wong  |  

Web3 gaming and blockchain company Animoca Brands announced that it has completed a strategic investment in Cool Cats Group, securing majority control of one of the most recognizable NFT collections alongside partner Coin Operated Group. The investment gives Animoca Brands access to Cool Cats, a… Read More

August 10, 2025 @ 5:53 pm By Michael Wong  |  

HashKey Exchange, Hong Kong’s largest licensed virtual asset trading platform, has formed a strategic partnership with publicly listed IVD Medical Holdings Limited to advance enterprise-level digital asset adoption and explore blockchain integration with industrial capital. IVD Medical Holdings, which trades on the Hong Kong Stock… Read More

August 5, 2025 @ 11:55 pm By Omar Faridi  |  

Hong Kong is emerging as a global hub for fintechs, driven by the steady adoption of cryptocurrencies and blockchain technology. As the city opened applications for stablecoin issuer licenses on August 1, 2025, fintech companies have been quick to seize the moment, raising substantial capital… Read More

July 30, 2025 @ 11:03 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) announced the implementation of a regulatory framework for stablecoin issuers, set to take effect on August 1, 2025. This move underscores Hong Kong’s commitment to fostering Fintech advancements in the digital asset space while ensuring financial stability and consumer… Read More

July 29, 2025 @ 1:01 am By Omar Faridi  |  

Airwallex, a global Fintech platform, has made significant progress this year, reinforcing its mission to enable businesses with digital financial services. The company recently announced the launch of its Airwallex Yield product in Singapore, following regulatory approval from the Monetary Authority of Singapore (MAS), and… Read More

July 23, 2025 @ 1:40 pm By Omar Faridi  |  

The blockchain ecosystem, a blend of tech breakthroughs and risk, continues to evolve, with security remaining a critical concern. Two recent reports from SlowMist, a blockchain security firm established during the extended crypto bear market of 2018, highlight the challenges of combating sophisticated cyber threats… Read More

July 22, 2025 @ 11:18 pm By Michael Wong  |  

Sun Life Hong Kong said on Friday it will invest up to $70 million in Bowtie Life Insurance, Hong Kong’s first virtual insurer, to accelerate its growth and strengthen its position in medical insurance and preventive healthcare. The fresh capital injection reinforces Sun Life’s long-standing… Read More

July 21, 2025 @ 8:13 pm By Omar Faridi  |  

Since its inception in 2018, SlowMist has emerged as a global enabler of blockchain security, leveraging cybersecurity expertise to protect the digital assets ecosystem. In a recent announcement, SlowMist unveiled its Stablecoin Risk Management and AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) Compliance Security Framework,… Read More

July 14, 2025 @ 11:16 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) has issued a public warning after receiving multiple enquiries about fraudulent documents falsely claiming to be issued by the city’s banking regulator. The incident underscores growing concerns over financial scams targeting investors by impersonating official agencies. In a statement,… Read More

July 14, 2025 @ 9:02 am By Omar Faridi  |  

The cryptocurrency industry continues to evolve, with this year bringing significant regulatory advancements, compliance challenges, and persistent threats from scams, according to an update from blockchain intelligence firm Elliptic. Recent developments highlight Hong Kong’s drive to become a global hub for digital assets, the complexities… Read More

July 13, 2025 @ 10:16 pm By Michael Wong  |  

Hong Kong is targeting new banking rules aimed at aligning its regulatory framework with international standards on cryptoasset exposures, as part of efforts to manage financial risks while supporting innovation in the banking sector. The Banking (Capital) (Amendment) Rules 2025, the Banking (Disclosure) (Amendment) Rules 2025… Read More

July 12, 2025 @ 5:54 pm By Michael Wong  |  

Hong Kong’s four financial regulators have teamed up with technology and telecommunications firms to launch the Anti-Scam Consumer Protection Charter 3.0, expanding a year-old initiative that targets a surge in digital fraud against the city’s seven million residents. The Hong Kong Monetary Authority, Securities and… Read More

June 23, 2025 @ 2:22 am By Tony Zerucha  |  

Allfunds Asia and Quinlan & Associates have co-published a thought leadership report that examines the wealthtech landscape in Hong Kong and Singapore and how financial institutions are leveraging wealthtech solutions to capture new market opportunities. Titled Rich Pickings: Unpacking the WealthTech Revolution in Hong Kong… Read More

June 21, 2025 @ 8:27 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment system linking Hong Kong’s Faster Payment System (FPS) and Mainland China’s Internet Banking Payment System (IBPS). The service will go live… Read More

June 20, 2025 @ 9:31 am By Omar Faridi  |  

Airwallex, a global financial platform for modern businesses, announced the full launch of Airwallex Yield in Hong Kong. As the global payments group to receive a licence from the Securities and Futures Commission of Hong Kong (SFC) to provide asset management services, Airwallex is empowering… Read More

June 8, 2025 @ 4:55 pm By Michael Wong  |  

Hong Kong will implement its new Stablecoins Ordinance on August 1, formalizing the city’s regulatory framework for stablecoin-related activities and introducing a licensing regime aimed at strengthening oversight of the fast-growing digital asset sector. The ordinance, which was officially gazetted on May 30, is a… Read More

June 8, 2025 @ 4:52 am By Michael Wong  |  

UBTECH Education, in partnership with the Centre for Information Technology in Education (CITE) under the University of Hong Kong’s Faculty of Education, has formally launched the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Artificial Intelligence Education Development Initiative. The program is set to transform AI education… Read More

June 3, 2025 @ 8:24 am By Omar Faridi  |  

Ant International announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong. The service will support treasury management “with real-time, always-on HKD and USD payments between corporate wallets held by a corporate client at HSBC Hong Kong.” The Tokenised Deposit… Read More

June 1, 2025 @ 11:22 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) and the School of Business and Management at the Hong Kong University of Science and Technology (HKUST Business School) have signed a memorandum of understanding (MoU) to jointly advance cybersecurity innovation tailored to the evolving needs of the financial… Read More