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
China Financial Leasing Group has declared that it is going to create a digital asset investment platform that concentrates on cryptocurrency and blockchain technology projects. The Hong Kong-traded company will raise capital by issuing over 69 million new shares to investors at reasonable prices. The reaction of the market was
Ant International is actively seeking to get stablecoin issuer licenses in Singapore, Hong Kong, and Luxembourg. The news came to light after sources familiar with the matter revealed it to Bloomberg. As crypto regulations accelerate in global countries, institutions and firms are planning to expand their business operations by complying
The financial markets regulator of Hong Kong has planned to permit derivatives trading for professional investors. The step has been taken to expand product offerings in the asset class and boost the global competitiveness of the city. The Securities and Futures Commission (SFC) has so far mentioned that its main
Hong Kong is making itself as Asia’s digital asset hub. The Securities and Futures Commission (SFC) has greenlit staking services, allowing China Asset Management (ChinaAMC) to launch an Ethereum ETF with staking by May 15. This is a significant move towards institutional crypto investment being made more compliant and accessible.
