News list for "According to Hong Kong media reports"
According to Hong Kong media reports, Hong Kong plans to submit a stablecoin issuer supervision system bill to the Legislative Council this year. Jeremy Allaire, co-founder and chief executive of Circle, the world's second largest stablecoin issuer, said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is waiting for the introduction of Hong Kong's new stablecoin regulations. After understanding the regulations, it will con...
According to Hong Kong media reports, Hong Kong Financial Secretary Paul Chan said that since the digital asset policy declaration was issued two years ago, there have been a number of progress in the short term, including the introduction of regulatory requirements for virtual asset trading platforms. So far, three operators have been licensed. It is expected that several more licenses will be issued before the end of this year. This year, the Hong Kong government plans to promote legislation o...
According to Hong Kong media reports, the Hong Kong Special Administrative Region government hopes to promote Hong Kong as an international virtual asset center. Liu Jia, general manager of the tokenization of HashKey, a licensed virtual asset platform in Hong Kong, said in an exclusive interview that the previous stage focused more on the secondary trading market, and now is a good time to pay attention to the tokenization issuance market. The HKMA Ensemble sandbox is currently being advanced, ...
According to Hong Kong media reports, the Hong Kong Monetary Authority announced the list of participants in the sandbox of stablecoin issuers in July this year. Standard Chartered is one of them. Dominic Maffei, head of digital assets and financial technology at the bank, said that Standard Chartered's research direction is to launch "universal stablecoin", that is, a coin can be linked to different application scenarios to expand future development potential.
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