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    China Digital Transformation

    Hong Kong Fintech Association Strengthens Ties with Shenzhen Amid GBA Expansion

    By Fintech News Hong KongAugust 12, 2024

    Hong Kong’s fintech sector is positioning itself for substantial growth in the Greater Bay Area (GBA), capitalising on new opportunities…

    China Payments

    Thredd Powers LianLian Global’s Virtual Card Expansion in APAC

    By Fintech News Hong KongAugust 8, 2024

    Thredd, a global payments processor, has successfully launched LianLian Global’s virtual card programme in the APAC market. A cross-border payments…

    Lending Virtual Banking

    Fusion Bank Offers Collateral-Free Loans for Hong Kong SMEs, Startups

    By Fintech News Hong KongAugust 8, 2024

    Fusion Bank, a virtual bank backed by Chinese tech giant Tencent, has launched new business loan services aimed at supporting…

    Blockchain/Bitcoin Virtual Banking Wealthtech

    Mox Emerges as First Virtual Bank in Hong Kong to Offer Crypto ETFs

    By Fintech News Hong KongAugust 7, 2024

    Mox Bank has become the first virtual bank in Hong Kong to offer cryptocurrency exchange-traded funds (ETFs) to its users…

    Virtual Banking

    No New Virtual Bank Licenses in Hong Kong, ‘Digital Bank’ Term Under Review

    By Fintech News Hong KongAugust 7, 2024

    The Hong Kong Monetary Authority (HKMA) announced that it will not issue any more digital bank licenses following its comprehensive…

    China Payments

    China and Hong Kong Set to Move Forward With Payment System Linkage

    By Fintech News Hong KongAugust 6, 2024

    The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MOU)…

    Various

    HKMA to Overhaul Banking System with a Two-Tier Structure

    By Fintech News Hong KongAugust 6, 2024

    The Hong Kong Monetary Authority (HKMA) has released the conclusions of its public consultation on the review of the three-tier…

    Blockchain/Bitcoin

    Hong Kong Launches First Spot Bitcoin and Ether ETFs in Asia

    By Fintech News Hong KongJuly 31, 2024

    On Tuesday, Hong Kong introduced six spot bitcoin and ether exchange-traded funds (ETFs), marking the first time Asian retail investors…

    Blockchain/Bitcoin

    Hong Kong SFC Awards Type 3 License to ATFX for Institutional Trading

    By Fintech News Hong KongJuly 31, 2024

    ATFX, a global CFD broker, has been awarded a Type 3 license by the Hong Kong Securities and Futures Commission…

    Blockchain/Bitcoin

    SFC Issues Warning on Proxinex for Suspected Virtual Asset Fraud

    By Fintech News Hong KongJuly 30, 2024

    The Securities and Futures Commission (SFC) issued a public warning regarding an entity operating under the name of Proxinex for…

    Various

    Eddie Yue Reappointed to Second Term as HKMA Chief Executive

    By Fintech News Hong KongJuly 29, 2024

    The Hong Kong government has appointed Eddie Yue to a second five-year term as Chief Executive of the Hong Kong…

    InsurTech

    OneInfinity Expands Cyber Insurance to Cover IT Outages and System Failures

    By Fintech News Hong KongJuly 25, 2024

    OneDegree, known for its digital asset insurance solutions under the OneInfinity brand, has expanded its portfolio with a new cyber…

    Events Hong Kong Fintech Week 2024 Sponsored Post

    Fintechs Worldwide Can Now Apply for InvestHK’s Expanded Global Fast Track 2024

    By Fintech News Hong KongJuly 25, 2024

    Invest Hong Kong (InvestHK) has opened applications for the 7th edition of its fintech programme Global Fast Track (GFT) 2024,…

    Digital Transformation Sponsored Post

    Strengthening Financial Resilience: Huawei’s Role in the Future of Finance

    By Fintech News Hong KongJuly 24, 2024

    The financial sector is on the edge of a major transformation powered by continuous technological advancements. At the recent Huawei…

    Payments

    KPay Integrates HSBC’s PayMe to Expand Payment Options

    By Fintech News Hong KongJuly 23, 2024

    Fintech company KPay has integrated HSBC’s PayMe as a new payment method, expanding payment options for merchants and customers. This…

    Hong Kong

    Generative AI Among Top Priorities for Hong Kong’s Banks

    By Fintech News Hong KongJuly 23, 2024

    Hong Kong’s banking sector has seen significant advances in technology, notably with the emergence of generative artificial intelligence (genAI), transformations…

    Blockchain/Bitcoin

    ZA Bank First in Hong Kong to Offer Stablecoin Reserve Services

    By Fintech News Hong KongJuly 23, 2024

    ZA Bank announces its role as the first digital bank in Hong Kong to provide reserve banking services for stablecoin…

    Blockchain/Bitcoin

    HKMA Announces Participants for Stablecoin Issuer Sandbox

    By Fintech News Hong KongJuly 19, 2024

    The Hong Kong Monetary Authority (HKMA) is formulating a regulatory regime for stablecoin issuers in Hong Kong, recognising the growing…

    Blockchain/Bitcoin

    Hong Kong to Implement Comprehensive Stablecoin Regulation

    By Fintech News Hong KongJuly 18, 2024

    The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) have released the consultation conclusions…

    Blockchain/Bitcoin

    Hong Kong SFC Identifies Seven Unauthorised Crypto Exchanges

    By Fintech News Hong KongJuly 17, 2024

    The Hong Kong Securities and Futures Commission (SFC) has added seven crypto exchanges to its Alert List for conducting unauthorised…

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