HKMA Warns Against Crypto ‘Banks’
The Hong Kong Monetary Authority (HKMA) has issued a stark warning to the public regarding the use of misleading terminology by cryptocurrency-related firms. The financial...
HKMA And UAE Discuss Virtual Asset Regulation
The Hong Kong Monetary Authority (HKMA) and the United Arab Emirates (UAE) have engaged in discussions regarding the regulation of virtual assets. During the HKMA’s...
Hong Kong Plans Stablecoin Launch And Regulatory Framework
On June 6, Mr. Ho-lan Chan, the Under Secretary for Financial Services and the Treasury, revealed that the Hong Kong Monetary Authority (HKMA) has conducted...
UAE And Hong Kong Central Banks Forge Financial Services Collaboration
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened in Abu Dhabi for a bilateral meeting aimed...
Hong Kong Banks To Adopt Risk-Based Approach For Account Openings
As the pandemic comes to an end, the Hong Kong economy is showing signs of recovery, and many newly established or overseas-based companies are eager...