China Financial Leasing Group to Raise $11M for Crypto Investment
China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hon...
Circle Reports $2.4 Trillion Stablecoin Boom in Asia-Pacific: Singapore and Hong...
Circle reported $2.4 trillion in on-chain stablecoin activity across Asia-Pacific between June 2024 and June 2025 marking the regi...
Hong Kong Sounds Alarm on Unapproved Digital Yuan Stablecoins Amid Market Surge
The Hong Kong Monetary Authority (HKMA) has firmly denied social media rumours that the world’s first offshore yuan-pegged stablec...
Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in...
Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means it...
China Pumps the Brakes on RWA Businesses in Hong Kong: Reuters
At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources famili...
UBS, Chainlink, DigiFT Team Up to Automate Tokenized Funds in Hong Kong
TLDR: UBS will manage tokenized products on DigiFT’s exchange using Chainlink’s Digital Transfer Agent smart contracts. The system...
Cheaper Crypto Exposure? Hong Kong Banks Eye Relief Under New Capital Plan
TLDR: Hong Kong issues draft CRP-1 to set crypto capital rules, targeting early 2026 implementation for local banks. Proposal offe...
Hong Kong Workers Busted for Mining Crypto Using Electricity from Care Homes
Two Hong Kong technicians have been arrested after allegedly siphoning electricity and internet access from care homes to power a...