HKMA intervenes to drive away carry traders who have sought to take advantage of city’s rate gap with the US dollar.

DeFi was created to bypass reliance on intermediaries, but now it depends on centrally issued stablecoins, raising questions ...

Sumsub joined hands with DKM ECO, a data services provider in the Asia-Pacific region, to stage an APAC Roadshow “Comply to ...

Hong Kong authorities intervened for the fourth time in two weeks to prevent the city’s currency from weakening beyond its ...

Some investors hope the city will give up its peg to the U.S. dollar. They’re likely to keep hoping.

HSBC tested e-HKD+ on Ethereum, Arbitrum, and Polygon to explore secure, scalable digital currency settlement options.

For instance, in March, PAO Bank, an online-only bank backed by Shenzhen-based conglomerate Ping An Insurance Group, obtained an insurance agency license and partnered with Ping An Insurance Hong Kong ...

The bank does not have authorization to carry a banking business in Hong Kong. Hong Kong Monetary Authority (HKMA) said that ...

A stablecoin is a form of cryptocurrency that is pegged to fiat currencies or other real-world assets at a designated ...

Hong Kong - Proposed Licensing Regime For Virtual Asset Dealers And Custodians – Assessing The Impact. Hong Kong proposes new ...

China's central bank has unveiled a series of new measures to expand the Bond Connect program linking the country's interbank ...

In many ways, the unusually wide gap between borrowing costs in Hong Kong and the US, the biggest since 2018 at one point, ...