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Tag: Hong

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China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns

Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced...

Hong Kong regulators warn against hype-driven stablecoin market swings

Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied...

Hong Kong’s first HKD stablecoin race begins as Standard Chartered files early

Standard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for...

Hong Kong to Enforce Stablecoin Ordinance Starting Aug. 1

Hong Kong will start enforcing its Stablecoin Ordinance on Aug. 1, making it illegal to offer or promote unlicensed fiat-referenced stablecoins (FRS) to...

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