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Hong Kong new stablecoin law takes effect August 1, limiting licenses, attracting big Chinese firms, boosting secure crypto ...
Circle has expanded its stablecoin payment network to Brazil and Hong Kong, enabling faster cross-border transactions ...
Over 40 firms plan to apply for stablecoin licenses in Hong Kong ahead of new regulations. Only a few are expected to meet the strict approval criteria.
Economist Hong Hao sees stablecoin as a structural shift in payments, with HKD-based products positioned for advantage.
For now, US dollar-denominated stablecoins account for more than 99 per cent of the global market, reflecting its role as the ...
More than 40 Hong Kong businesses are aggressively trying to issue stablecoins, showing great sector interest as the city gears up to implement its new legal framework. Enacted in May 2025, the ...
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CHINA TRAVEL HK (00308.HK) opened 2.4% higher this morning (9th) and once climbed to an intraday high of HKD2.07 with a surge ...
Beijing is treating Hong Kong as a laboratory - a place to develop expertise in financial technologies that remain forbidden at home.
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Asian Banking & Finance on MSNStablecoins bill brings stricter oversight, opportunity to Hong KongThe digital tokens could support cross-border payments and smart escrow. Hong Kong’s recently passed Stablecoins bill raises ...
Circle and OKX partner to boost USDC liquidity with seamless 1:1 USD conversions. The deal also includes user education to promote stablecoin adoption.
Hong Kong's Stablecoin Bill, which will take effect on Aug. 1, introduces a licensing system for companies which issue ...
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