Hong Kong Customs has uncovered a suspected money laundering operation involving cash smuggling and virtual assets totalling approximately HK$1.15 billion. The operation has led to the arrest of two individuals, [...]

Ping An Securities' stablecoin report stated that stablecoins are a type of crypto asset whose value is pegged to one or a basket of assets to maintain currency stability. Different [...]

ChainCatcher news, according to Ming Pao, the Hong Kong Monetary Authority and the Securities and Futures Commission plan to consult on a licensing system for virtual asset trading and custody [...]

The Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) today launched a joint consultation to introduce regulatory regimes for virtual asset (VA) dealing and custodian service providers. [...]

If crypto were the party, stablecoins would be the morning after — the part where serious people come in, clean up the mess, and build something that might actually work. [...]

Financial Secretary Paul Chan is confident that the ‘open model’ can help city become a cryptocurrency hub as licensing nears The expected increase in market demand for stablecoins will encourage [...]

Consultation Paper on the Proposed AML/CFT Requirements for Regulated Stablecoin Activities Sources: HKMA

Consultation Draft Guideline on Supervision of Licensed Stablecoin Issuers Sources: HKMA

Hong Kong lawmakers passed a stablecoin bill today in its third reading. The Stablecoins Ordinance requires stablecoin issuers to obtain a license from the Hong Kong Monetary Authority.   Hong [...]

Hong Kong’s first digital bank, ZA Bank, has released findings from its latest survey, the Hongkongers’ Cryptocurrency Trading Behaviour Survey, revealing a growing trend among local investors to turn to digital [...]

It will focus on Web3 innovation. Financial Secretary Paul Chan has announced updates to the city’s virtual asset policy, emphasising its commitment to Web3 and innovation. Blockchain’s potential to improve [...]

28th March 2025 – (Hong Kong) An attempted robbery occurred on 27th March 4.45pm outside 68 Nathan Road in Tsim Sha Tsui, targeting a 27-year-old Turkish man who had just [...]