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Category HKD

Chinese tech giants continue to push for greenlight on yuan-pegged stablecoin

Chinese tech giants continue to push for greenlight on yuan-pegged stablecoin

JD.com and Ant want to establish stablecoins in Hong Kong that are pegged to China’s offshore yuan.
Crypto funds record $2.7B in inflows for the 11th week

Crypto funds record $2.7B in inflows for the 11th week

Crypto funds achieve $2.7 billion in weekly inflows extending the positive streak to eleven consecutive weeks.
Investors turn to stocks to gain exposure despite China's crypto ban

Investors turn to stocks to gain exposure despite China's crypto ban

Mainland investors in China are flooding into Hong Kong’s equity markets to sidestep Beijing’s crypto ban, using stocks as a backdoor into the digi...
Hong Kong's SFC updates digital asset development framework

Hong Kong's SFC updates digital asset development framework

The Hong Kong government has released its Policy Statement 2.0 on the Development of Digital Assets in the country.
Nano Labs plans to apply for licenses to issue HKD and offshore RMB stablecoins under Hong Kong’s new stablecoins bill

Nano Labs plans to apply for licenses to issue HKD and offshore RMB stablecoins under Hong Kong’s new stablecoins bill

China-based Nano Labs Ltd. has announced its plans to apply for a stablecoin issuing license in Hong Kong as the jurisdiction positions itself as a...