HSBC RedCoin to Launch for Hong Kong Payments
The planned rollout starts with everyday payments, while survey results point to broad customer awareness of stablecoin uses across trading, transfers and remittances.
Every Zipp story tagged #HongKong, newest first.
The planned rollout starts with everyday payments, while survey results point to broad customer awareness of stablecoin uses across trading, transfers and remittances.
The planned stablecoin is set to begin with peer-to-peer and merchant payments, putting a major bank's digital-money ambitions in a practical payments setting.
The developments point to a faster institutional buildout across Asian digital finance, even as China’s restrictions and a Binance sanctions probe keep regulatory risks in focus.
Hong Kong, Japan and MOEX pushed licensed crypto rails this week while Jiangsu declared RWA financing illegal and North Korean hackers hit 7,000 wallets, a split-screen view of Asia's digital asset…
CoinEx joins BitMart and BitMEX in 2025's exchange shutdown wave, a tell that mid-tier venues are being squeezed by shrinking retail spot volume and rising compliance costs.
Hong Kong's regulatory clarity and Asia's strongest institutional crypto pipeline give it a structural edge conferences in more ambiguous jurisdictions can't match.
Hong Kong's stablecoin law took effect two months before the US GENIUS Act. With HashKey and OSL already minting, this is the first bank-anchored test of that framework.
For traders co-located in Hong Kong, the switch makes Tokyo the lower-latency location for OKX connectivity.
The Hong Kong licensed venue's retail launch extends XRP's regulated reach beyond institutional books in the city, the kind of venue-level adoption that deepens liquidity and tightens spreads.
The partnership shifts xStocks from a US-equity focus toward a multi-market rollout, starting with Hong Kong and extending into Europe and Asia.
A Hong Kong listing would land China’s highest-profile open-source AI lab on a public market still starved for domestic AI issuers, and would price off a model launch that rattled chip and software…
Beijing's July 7 package pairs a 2,000-tonne gold clearing push with 500B yuan in HKMA funding and an 800B yuan Bond Connect quota, building TradFi plumbing for institutions that want a non-dollar…
The Hong Kong SFC is forcing licensed exchanges to replace one-time passwords with cryptographic 2FA, and the liability shift is the part exchanges are reading closely.
The 12-month deadline lands as spoofing attacks climb at Hong Kong-licensed platforms; the move redefines the authentication baseline every retail-facing venue must meet.
The launch positions Hong Kong alongside London, New York, and Shanghai as a potential pricing hub, and reframes the city's role in the broader Asian commodities corridor at a moment of record…
Three of Japan's largest banks — MUFG, Sumitomo Mitsui Banking Corporation (SMBC) and Mizuho — are moving to jointly…
The week's Asia-crypto pulse runs through Japan and Korea: a yen-pegged stablecoin push, a won stablecoin issuer alliance, and a Coinbase INR rail all landed in the same seven-day window.
Hong Kong has enlisted JPMorgan and HSBC as anchor members of a new expert group tasked with scaling the city's…
Hong Kong is accelerating its push to become Asia's leading digital asset hub, expanding across three fronts…
The framework mirrors securities oversight under the "same business, same risks, same rules" doctrine — completing the final leg of Hong Kong's digital asset regime before a 2026 legislative push.