Officials caution only a few licenses will be issued at first, favoring long-term stability over short-term hype.

Hong Kong is emerging as a global hub for fintechs, driven by the steady adoption of cryptocurrencies and blockchain ...

China wants to roll out its first stablecoins to push the renminbi into more global markets and challenge the dominance of ...

Forty-six banks expanded their private banking or private wealth management business in Hong Kong in 2024, and the assets ...

South Korea is quickly catching up to the top-level global regulations and developing stablecoins and tokenized securities.

Hong Kong — China’s test bed for cryptocurrency as the industry is banned on the mainland — recently passed a law allowing licensed businesses to issue tokens backed by any fiat currency. But the ...

Stablecoins, digital assets designed to maintain stable value by pegging to assets like U.S. dollar, emerged as key part of ...

China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi ...

State Street Investment Management has teamed up with Stablecoin Standard to educate traditional finance firms about ...

The EU's controversial 'Chat Control' proposal is now backed by 19 member states, requiring messaging apps to scan user ...

Small public companies hoard nearly 1M ETH for staking and inflation hedge, sparking crypto rush stock rallies, risking ...