On February 20, the Hong Kong Monetary Authority issued two currently effective regulatory guidance notices on digital assets and tokenized products, titled "Provision of Digital Asset Custody Services" and "Sales and Distribution of Tokenized Products Circular".
JinseFinanceCoverage, legislative approach, regulatory framework for fiat stablecoin issuers, custody and purchase services, and transitional measures.
JinseFinancePrior to this consultation, the HKMA had issued a Discussion Paper on Crypto-assets and Stablecoins in January 2022, inviting feedback from various stakeholders.
DavinSEBA received its in-principle approval in August, and has now received the full licence.
ClementThe tests are part of Project Mbridge, a CBDC network that the HKMA is testing with the People's Bank of China.
AlexA joint working group led by the CBUAE and HKMA, with support from the relevant stakeholders of the two jurisdictions’ banking sectors, will be formed to take forward the agreed initiatives.
Others
Coinlive Coinlive Coinlive International Art fair staged by Art Basel Hong-Kong stay ahead supporting the digital art of work. In Its 2022’s exhibition, ...
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