Blockchain/Bitcoin
Project Aurum Phase Two Focuses on Privacy for Retail CBDCs
The BIS Innovation Hub Hong Kong Centre, in collaboration with the Hong Kong Monetary Authority (HKMA), has initiated the second phase of Project Aurum. This phase aims to explore and enhance privacy measures for retail central bank digital currencies (CBDCs).
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GSBN Partners Ant to Digitise Shipping Processes in Hong Kong’s wCBDC Project
The Global Shipping Business Network (GSBN), in partnership with Ant Group, has developed a prototype electronic bill of lading (eBL) to digitise the longstanding paper-based processes in the shipping industry. According to GSBN CEO Bertrand Chen, this advancement is part
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HKMA Alerts Public to Fraudulent Claims Regarding e-HKD Pilot Programme
The Hong Kong Monetary Authority (HKMA) advises the public to exercise caution following reports of entities falsely claiming involvement in the e-HKD Pilot Programme. These entities have promoted e-HKD-related investment opportunities to attract investors under pretenses. The HKMA will officially
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The World’s Largest Pension Fund from Japan Eyes Bitcoin Diversification
The Government Pension Investment Fund (GPIF) of Japan, holding the title of the world’s largest pension fund with assets amounting to US$1.5 trillion (227 trillion yen), is broadening its investment strategy to potentially include Bitcoin. This strategic exploration was highlighted
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SFC Issues Warning on KKR Global Sites Accused of Impersonation Scam
The Securities and Futures Commission (SFC) has warned regarding several suspicious websites falsely representing themselves as “KKR Global.” These sites are accused of impersonating the licensed entity, KKR Capital Markets Asia Limited, and engaging in suspected fraud related to virtual
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Hong Kong’s SFC Flags Bybit and MEXC in Crackdown on Unlicensed Crypto Activities
The Securities and Futures Commission (SFC) of Hong Kong has issued warnings about two unlicensed virtual asset trading platforms, Bybit and MEXC, advising the public to exercise caution. These platforms have been providing trading services in various crypto-related products without
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Hong Kong Continues Exploration of Digital Currency with Phase 2 of e-HKD
The Hong Kong Monetary Authority (HKMA) has embarked on phase 2 of its e-HKD pilot programme, aiming to explore and expand upon the innovative applications of digital currency in Hong Kong. This move follows the successful completion of the programme’s
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OneDegree Eyes Opportunities with Global Stablecoin Issuers in HKMA Sandbox
Insurtech OneDegree, is seeking global stablecoin issuers to work with them on the Hong Kong Monetary Authority (HKMA) stablecoin sandbox. Alvin Kwock, co-founder of OneDegree, announced on LinkedIn that the firm is committed to working alongside the HKMA stablecoin sandbox.
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Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox
The Hong Kong Monetary Authority (HKMA) announced the launch of a sandbox arrangement for stablecoin issuers today. This initiative establishes a communicative platform between the HKMA, and entities interested in issuing fiat-referenced stablecoins in Hong Kong. It is designed to
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HKMA’s Project Ensemble to Propel Tokenisation Market with wCBDC Initiative
The Hong Kong Monetary Authority (HKMA) has announced the initiation of Project Ensemble, a new venture aimed at supporting the development of the tokenisation market in Hong Kong via the introduction of a wholesale central bank digital currency (wCBDC). This
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