Hong Kong
Crypto exchange HashKey's shares fall, recover on trading debut in Hong Kong
Investors questioned whether Hong Kong’s dominant licensed exchange can turn surging volumes and regulatory advantage into sustainable profits.
Hong Kong's RedotPay raises nearly $110 million Series B to push global stablecoin payments
The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.
HashKey Seeks $215 Million in Hong Kong IPO While Racing Against Its Cash Burn Rate
HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.
HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO
Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.
Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Sun accused FDT of exploiting gaps in Hong Kong’s trust company regime and urged regulators to act after a Dubai court froze assets linked to the alleged misappropriation.
Hong Kong to Issue Third Blockchain-Based Green Bond Sale: Bloomberg
The bonds mark Hong Kong's third digital bond sale since 2023 and are part of its push to become a leading global hub for tokenized assets.
Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong
Accredited investors in Hong Kong have access to the U.S. dollar, Luxembourg-registered, tokenized UCITS money-market product.
Hong Kong Charges 16 in Alleged $205M JPEX Crypto Fraud as Interpol Hunts 3 More Suspects
The case is the largest financial fraud in Hong Kong's history, with Interpol issuing red notices for three fugitives.
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
The pilot, part of Brazil's Drex initiative, used Chainlink's infrastructure to connect Brazil's Drex network with Hong Kong's Ensemble platform.
Standard Chartered CEO Sees Hong Kong Stablecoin as Pivotal for International Trade Settlement
At FinTech Week, the Standard Chartered CEO said Hong Kong’s digital asset pilots, including HKD-backed stablecoins and tokenized deposits, could transform cross-border trade, as regulators unveiled new rules allowing shared order books for crypto exchanges.
