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...
Chainlink's LINK Gains as DigiFT, UBS Fund Tokenization Pilot in Hong Kong
DigiFT, Chainlink and UBS won approval under Hong Kong’s Cyberport subsidiy scheme to build automated infrastructure for tokenized...
Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding: Report
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto...
Crypto Exchange HashKey Plans $500M Digital Asset Treasury Fund
HashKey said it will build a diversified portfolio of digital asset treasury projects, with an initial focus on bitcoin and ether.
Jack Ma-Linked Yunfeng Buys 10,000 ETH for $44M – Is This Hong Kong’s Big Ethere...
Yunfeng Financial Group has bought 10,000 ETH for $44M, adding Ethereum to its reserves as institutional holders have reached 4.44...
Jack Ma-Linked Yunfeng Financial to Build Ether Treasury Starting With $44M ETH...
Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury s...
Crypto Regulation: Hong Kong Receives 77 Applications for Stablecoin Licenses
TLDR 77 firms express interest in Hong Kong’s stablecoin licensing process Applicants range from traditional banks to fintech comp...
HKMA’s Stablecoin Regime Attracts 77 Inquiries – Limited Early Licenses Raise St...
The HKMA has received 77 expressions of interest for stablecoin licences from banking, tech, and Web3 sectors. Meetings with appli...