Hong Kongs e-HKD project expands into tokenization, programmability

The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.

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Hong Kong monetary regulator launches second phase of CBDC project

The Hong Kong Monetary Authority (HKMA) has announced the launch of the second phase of its central bank digital currency (CBDC) pilot program, known as e-HKD, according to a Sept. 23 statement. The second phase will delve into advanced use cases for digital money, emphasizing e-HKD and tokenized deposits for individuals and businesses. The first […]

The post Hong Kong monetary regulator launches second phase of CBDC project appeared first on CryptoSlate.

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Does Hong Kong have issues with USDT and USDC? Exec weighs in

As Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implications for UDST and USDC.

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Stablecoin pegged to Hong Kong dollar unveiled

Jingdong Coinlink Technology Hong Kong Limited unveils its plan to issue a Hong Kong dollar stablecoin, aiming for secure and cost-effective payment solutions while adhering to regulatory requirements.

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SFC Issues Warnings Against Tokencan, VBIT Exchange, and HKD.com for Fraud and Unlicensed Activities

The SFC has issued warnings about Tokencan, VBIT Exchange, and HKD.com Corporation for suspected virtual asset-related fraud and unlicensed activities. (Read More)

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Hong Kong HKMA Advances CBDC Development with Phase 2 of e-HKD Pilot

The HKMA has initiated Phase 2 of the e-HKD pilot program, focusing on the tokenization and programmability of digital currency. (Read More)

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HONG KONG DIGITAL ASSET EXCHANGE LIMITED(HKD.com) ANNOUNCES M+A WITH TECHNICORUM HOLDINGS, CREATING USD 100 MILLION VALUATION COMPANY IN SINGAPORE

SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joint strategic partnership and merger and acquisition with Technicorum Holdings (www.technicorum.com), diving further into the $163 billion annual global blockchain market. The merger company, formerly known as Gravitas International Associates Pte Ltd, a Singapore regulated Payment Services Act exempt company, will be newly renamed as HKD.com (Singapore) Pte Ltd, which will allow both groups to leverage each other's strengths and networks to get more deeply entrenched in the blockchain industry. With regulated payment services globally, a leading centralised exchange app and platform, a regulated token launchpad, expertise from ICO’s to IEO’s, IDO’s, IGO’s, DeFi and NFT’s, as well as recently GameFi, SocialFi, and the Metaverse, this strategic partnership is a great enabler for both HKD.com as well as Technicorum. (Read More)

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HDAO Launches New Burning Mechanism, 50% of Tokens in Total to be Burnt

The foundation of HDAO (HKD.com DAO) announced to rolling out of a new burning mechanism aiming to destroy 50% of the total amount of HDAO tokens. (Read More)

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E-HKD’s Development in Hong Kong- The Future Way of Currency?

Exclusive: a study shows that 90% of surveyed central banks worldwide are exploring the future issuance of CBDCs. Blockchain.News interviewed industry experts to find out the outlook of e-HKD and its potential adoption. (Read More)

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HKD.com Fully Upgraded! A New Outlook Comes Out

Hong Kong-based digital assets exchange HKD.com announced the completion of system upgrades. The system brings a new dynamic outlook by providing serval new features and functions, offering faster, accessible and safer trading experiences. (Read More)

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HKMA Seeks Public Consultation for e-HKD Development

In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency. (Read More)

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HDAO soared +1469% immediately after listing!

Earlier, the most influential Hong Kong Digital Asset Exchange HKD.com launched its platform token HKD.com DAO (HDAO), sold out in 5 seconds. (Read More)

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HKMA Releases Whitepaper on Proposing the issue of CBDC: e-HKD

The Hong Kong Monetary Authority (HKMA) has published a Whitepaper to discuss the technical consideration of its proposed CBDC dubbed the e-HKD. (Read More)

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Ripple’s Revolution: Pioneering Real Estate Tokenization In HKMA’s e-HKD Pilot Program

Ripple, the renowned enterprise blockchain and cryptocurrency solutions provider, made a significant announcement today. The company revealed in a press release that it had been chosen to showcase its real estate asset tokenization solution as part of the Hong Kong Monetary Authority’s (HKMA) pioneering e-HKD Pilot Programme. Ripple Partners With Fubon Bank For e-HKD Demonstration […]

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Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay

The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digital currency (CBDC),” the central banking institution explained. Pilot Program for e-HKD Begins The Hong [...]

The post Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay appeared first on Crypto Breaking News.

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Ripple's CBDC Team Reveals Real Estate Tokenization

Antony Welfare, Ripple's CBDC adviser, recently participated in a fintech conference in Central and Eastern Europe (CEE), where he presented two groundbreaking use cases. One of these is the tokenization of real estate, a concept that is rapidly gaining momentum as a potential future for the real estate industry, as he claimed (Read More)

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Hong Kong’s Stablecoin Dream: HKDG Aims To Redeem

To enhance competition with stablecoins like USDT and USDC, a recent policy proposal advises the Hong Kong government to create its own stablecoin, HKDG, supported by its foreign exchange reserves. Wang Yang, the Vice Chancellor of the Hong Kong University of Science and Technology and Chief Scientific Advisor of the Hong Kong web3 Association, along […]

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HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG

According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG, as a strategic move to bolster the city's digital economy. (Read More)

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