HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

• 2023-07-31
• Hong Kong Economic Journal Hang Seng Bank HSBC open bank accounts Hong Kong Hong Kong Monetary Authority customer services corporate bank accounts bank account

How Dubai and Hong Kong are shifting crypto’s power dynamics: Opinion

As the US grapples with crypto regulation, Hong Kong and Dubai are emerging as leaders in the global digital economy, writes Ben Caselin of MaskEX.

• 2023-06-19
• Hong Kong digital assets global economy Dubai blockchain technology Hong Kong Monetary Authority crypto regulation virtual assets regulatory environment financial system

Hong Kong Doubles Effort to Help Crypto Firms Get Legit Banking

(Bloomberg) -- Hong Kong regulators are planning a second meeting in less than two months to push banks to offer services to virtual-asset firms as the city seeks to become an international crypto hub.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementUS Submarine D

• 2023-06-16
• Bloomberg Hong Kong Monetary Authority financial regulators Hong Kong banking services

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

The stablecoin is issued by a registered trust owned by First Digital.

• 2023-06-01
• First Digital First Digital Group First Digital Trust CoinDesk Hong Kong Hong Kong Monetary Authority

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.

• 2023-04-28
• Hong Kong Hong Kong Monetary Authority virtual asset banking services opening bank accounts account opening

Over 80 Web3 firms in line to set up shop in HK, ahead of crypto regulations taking effect in June

Over 80 foreign and Mainland China companies have expressed their interest in establishing a Web3 company in Hong Kong, ahead of new crypto regulations that will take effect from June

• 2023-03-20
• Hong Kong Hong Kong Monetary Authority crypto regulation Christian Hui

Hong Kong’s new crypto regulation may lure Web3 firms back, experts say

Hong Kong’s proposed crypto licensing regime received Huobi Global’s pledge to return to the city, and more companies may follow, industry experts told Forkast.

• 2023-02-23
• Hong Kong Hong Kong Monetary Authority cryptocurrency Monetary Authority of Singapore retail investors digital assets