The Hong Kong Monetary Authority (HKMA) announced that it will oversee stablecoin issuance and reserve management within the industry.
In a recently published document, the body gave its point of view on what the regulation of industries within Hong Kong should look like, with an emphasis on…
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Hong Kong Monetary Authority
China teams up with Thailand and the UAE in crypto project
Banking entities located in China, Thailand and the United Arab Emirates, together with the Hong Kong Monetary Authority have strengthened cooperation for the creation of a cryptographic pilot plan called the Multiple Central Bank Digital…
Hong Kong ruled out native cryptocurrency launch
According to statements made by a senior government official, the Hong Kong Monetary Authority (HKMA), the region's official central bank, currently doesn't have among its objectives the issuance of an autochthonous cryptocurrency (CBDC).…