@AntGroup and @JD_Coinlink have delayed stablecoin launches in Hong Kong due to regulatory intervention from the People’s Bank of China and the Cyberspace Administration of China, citing threats to the digital yuan. #Update #Crypto
Discussions on a Korean Won stablecoin are underway ahead of Korea Blockchain Week, but capital controls limit its global use; only Hong Kong’s dollar is fully convertible. #Update #Crypto $KRW
WOW Summit 2025 in Hong Kong gathered over 4,000 participants, focusing on tokenization of real-world assets and regulatory frameworks in Web3 and fintech. Key insights shared by @HSBC and @GalaxyDigital. #Update #Crypto $BTC
@Chainlink, @UBS, and DigiFT are collaborating to automate tokenized fund operations in Hong Kong, aiming to reduce costs and errors in asset management. #Update #Crypto $LINK
Hong Kong’s financial regulator receives interest from 77 institutions for stablecoin licenses, including Industrial and Commercial Bank of China. #Update #Crypto
@HSBC and Ant International launch Hong Kong’s first blockchain settlement system, enhancing payment efficiency with tokenized deposits; expansion planned for Asia and Europe by 2025. #Update #Crypto (+6) ↗
UBS reports affluent Asian clients are shifting from US dollar assets to gold, cryptocurrencies, and Chinese markets amid US-China trade tensions. #Update #Crypto $BTC (+3) ↗
Hong Kong Finance Minister Paul Chan announces stablecoin legislation and ETF staking guidelines at the Web3 Festival 2025, signaling regulatory advancements in crypto. #Update #Legal #Crypto (+6) ↗
Tron founder @justinsuntron claims First Digital Trust’s $456M unauthorized transfer is worse than FTX’s collapse, sparking major concerns in the crypto community. #Breaking #Crypto $TUSD (-9) ↘
@HashkeyGroup and Bosera received Hong Kong SFC approval for the first tokenized money market ETF, enhancing blockchain integration with traditional finance. #Update #ETF (+6) ↗
Hong Kong Web3 Festival 2025, featuring over 400 experts and key industry figures, will occur from April 6-9 at HKCEC, offering insights into virtual asset policies and networking opportunities. #Update #Crypto (+3) →
@ChinaAMC has launched the China AMC HKD Digital Money Market Fund, the first retail tokenized fund in APAC, investing in HKD-denominated short-term deposits. #Update #Crypto (+3) ↗
Bitcoin.com: Hong Kong approves cryptocurrency as proof of assets for investor immigration, recognizing $BTC and $ETH holdings under its HK$30 million residency requirement. #Update #Crypto $BTC (+4) ↗
@UTXOManagement, in partnership with Sora Ventures, has acquired a majority stake in HK Asia Holdings Limited to enhance its strategic investments in Bitcoin and Web3 within Hong Kong’s financial ecosystem. #Update #Crypto (+4) ↗
