Hong Kong and Shanghai trade authorities have agreed to leverage the use of blockchain technology in order to record cargo data in a bid to modernize cross-border logistics. The move is aimed at increasing transparency in the logistics industry, thereby reducing paperwork among traders in the two cities. According to
Hong Kong-based stablecoin payments firm RedotPay is reportedly preparing for a potential US initial public offering that could raise more than $1 billion. Sources familiar with the matter told Bloomberg that the listing could value the company at over $4 billion. RedotPay is working with JPMorgan Chase, Goldman Sachs, and
Hong Kong’s Securities and Futures Commission (SFC) has approved a license to a cryptocurrency trading platform for Victory Fintech, which is a publicly listed financial service company. Since June 2025, this was the first license issued by SFC, with a total of 12 licensed crypto trading platforms in Hong Kong.
Charles Hoskinson, the founder of a leading blockchain and research company, Input Output Global, publicised on February 12 that Midnight, the highly anticipated privacy-focused blockchain of the company, will officially roll out in the last week of March. The announcement came amid the keynote speech of Hoskinson at Consensus Hong
The central bank of Malaysia has planned to roll out three actions in 2026 that comprise local currency stablecoins and tokenised deposits. The February 11 announcement noted that the Bank Negara Malaysia (BNM) revealed the Digital Asset Innovation Hub (DAIH) is taking three projects onboard for this year. The projects
Hong Kong is planning to become a leading regulated hub for digital assets. Julia Leung, SFC Chief Executive, speaking at CoinDesk, says that the watchdog will soon publish a high-level regulatory framework that allows licensed trading platforms to offer perpetual futures contracts tied to cryptocurrencies. Initially limited to institutional investors
The recent policy adjustment of China seems more like a crackdown instead of a structural reordering. As reported by Bloomberg, it has tightened the cryptocurrency activity once again. On Friday, 8 Chinese authorities headed by the central bank issued a joint notice on risks associated with the digital assets. It
Hong Kong is getting ready to issue its first batch of stablecoin issuer licences in Q1 of 2025, accelerating its efforts to place itself as a regional hub for digital assets at a time of increasing global competition. The Financial Secretary of Hong Kong, Paul Chan, spoke at the World
A Hong Kong securities industry group has pushed back against key parts of the city’s proposed regulatory framework for virtual asset management, warning that the plan could discourage traditional asset managers from gaining exposure to cryptocurrencies. In a Tuesday submission to regulators, the Hong Kong Securities and Futures Professionals Association
Hong Kong’s premier cryptocurrency exchange HashKey Holdings started trading on the Hong Kong Stock Exchange after a successful IPO that raised $206 million. The firm has made an important step by leading the way as the first company in Asia dealing with digital assets that went public through a Hong
