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HSBC, Standard Chartered-Led Group Bags First Stablecoin Issuer Licenses in Hong Kong
Hong Kong has granted its first stablecoin issuer licences to HSBC and a Standard Chartered-led venture, marking a key milestone under its new regulatory framework. The move reflects a cautious approach, favouring institution-backed players while setting strict rules for reserves, governance, and compliance in the evolving digital asset market.
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HSBC, Standard Chartered Said to Be First Recipients of Stablecoin Licences in Hong Kong
HSBC and Standard Chartered could become among the first banks to receive stablecoin issuer licences in Hong Kong under the city’s new regulatory framework. Reports suggest regulators may grant initial approvals soon as authorities move forward with plans to expand the city’s regulated digital asset ecosystem.
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HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
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HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
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China Blasts "Ridiculous" Mike Pompeo Criticism Of HSBC
China on Wednesday blasted "narrow-minded and ridiculous" views in the United States after US Secretary of State Mike Pompeo criticised HSBC for backing Beijing's controversial Hong Kong security law.
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HSBC's Rainbow Lion Statues In Hong Kong Slammed By Anti-Gay Groups
A pair of lions painted in rainbow stripes displayed outside HSBC's main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights.
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HSBC Sorry for Website Pornography Link
Banking giant HSBC apologised for a website blunder on its Hong Kong page which directed unwitting visitors to a pornographic site, reports said today.
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Black Money List: The Timblo Trail, from Hong Kong to Goa
The Timblo family, named by the government in Supreme Court in connection with untaxed or black money in foreign accounts, had pleaded guilty before the central bank last year and was let off with a fine of Rs 3.37 crore, sources say.
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In Chinese Shadow, Hong Kong Fights For Its Future
As skyscrapers around Hong Kong harbor erupted into a reverie of laser beams and giant digital displays during their synchronized nightly light show, one innocuous 28-story building near the water's edge had stayed dark for months, clad in bamboo scaffolding for a face-lift.
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Worst pollution this year envelops Hong Kong
Hong Kong residents breathed in the worst air of 2013 on Monday, joining citizens in mainland China who have been choking on dangerously high pollution levels, and further undermining the city's role as an Asian financial centre,
-
HSBC, Standard Chartered-Led Group Bags First Stablecoin Issuer Licenses in Hong Kong
Hong Kong has granted its first stablecoin issuer licences to HSBC and a Standard Chartered-led venture, marking a key milestone under its new regulatory framework. The move reflects a cautious approach, favouring institution-backed players while setting strict rules for reserves, governance, and compliance in the evolving digital asset market.
-
HSBC, Standard Chartered Said to Be First Recipients of Stablecoin Licences in Hong Kong
HSBC and Standard Chartered could become among the first banks to receive stablecoin issuer licences in Hong Kong under the city’s new regulatory framework. Reports suggest regulators may grant initial approvals soon as authorities move forward with plans to expand the city’s regulated digital asset ecosystem.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
-
HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
China Blasts "Ridiculous" Mike Pompeo Criticism Of HSBC
China on Wednesday blasted "narrow-minded and ridiculous" views in the United States after US Secretary of State Mike Pompeo criticised HSBC for backing Beijing's controversial Hong Kong security law.
-
HSBC's Rainbow Lion Statues In Hong Kong Slammed By Anti-Gay Groups
A pair of lions painted in rainbow stripes displayed outside HSBC's main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights.
-
HSBC Sorry for Website Pornography Link
Banking giant HSBC apologised for a website blunder on its Hong Kong page which directed unwitting visitors to a pornographic site, reports said today.
-
Black Money List: The Timblo Trail, from Hong Kong to Goa
The Timblo family, named by the government in Supreme Court in connection with untaxed or black money in foreign accounts, had pleaded guilty before the central bank last year and was let off with a fine of Rs 3.37 crore, sources say.
-
In Chinese Shadow, Hong Kong Fights For Its Future
As skyscrapers around Hong Kong harbor erupted into a reverie of laser beams and giant digital displays during their synchronized nightly light show, one innocuous 28-story building near the water's edge had stayed dark for months, clad in bamboo scaffolding for a face-lift.
-
Worst pollution this year envelops Hong Kong
Hong Kong residents breathed in the worst air of 2013 on Monday, joining citizens in mainland China who have been choking on dangerously high pollution levels, and further undermining the city's role as an Asian financial centre,
