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XRP has taken a significant hit in its Hong Kong Virtual Asset Consortium (HKVAC) has announced the official delisting of the token, from the top five global large cryptocurrency index.  HKVAC Delists XRP And Adds Solana The Hong…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressKanis Leung And Johnson LaiPublished Jan 08, 2024  •  4 minute read Article contentHONG KONG (AP) — As Taiwan’s presidential election approaches, many immigrants…

The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia's financial center. New guidelines…

Hong Kong’s financial authorities have initiated a public consultation to formulate a comprehensive crypto-related regulatory framework. The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB)…

OneDegree, a Hong Kong-based virtual insurance company, reported interest from over 100 project teams for stablecoin development.  The enthusiasm spans a variety of applications, including payments, international trade finance, the equity…

Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.  As the curtain draws nearer towards the end of 2023, Hong Kong has emerged as a significant player in…

Regarding custody arrangements, the SFC emphasizes that the fund’s trustee or custodian can delegate its crypto custody function solely to an SFC-licensed VATP or entities meeting the crypto custody standards set forth by the HKMA. Hong…

Hong Kong has announced its readiness to accept applications for spot crypto exchange-traded funds (ETFs). The Securities and Futures Commission (SFC), Hong Kong’s financial watchdog, alongside the Hong Kong Monetary Authority, the…

2/2 © Reuters. FILE PHOTO: Media mogul Jimmy Lai, founder of Apple Daily, leaves the Court of Final Appeal by prison van in Hong Kong, China February 9, 2021. REUTERS/Tyrone Siu/File Photo 2/2 By James Pomfret, Greg Torode and Jessie…

© Reuters. FILE PHOTO: A J.P. Morgan logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photo By Selena Li HONG KONG (Reuters) - JPMorgan Chase (NYSE:) is set to outsource the operations of its local…