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Month: February 2023

Posted on 01/02/2023

Hong Kong aims to revive the wrecked crypto sector

The territory said that it would learn from the US$2 trillion crypto market rout and a spate of global bankruptcies, such as the collapse of the FTX exchange, to create a fresh regulatory framework ...

Posted on 01/02/2023

Hong Kong developers raise concerns over plan to build 10,700 temporary public flats in prime urban site, cast doubt on Kai Tak’s ability to handle new residents

Association representing real estate developers says it only learned about government's plan recently and has received letters from concerned residents According to government source, flats 'will not ...

Posted on 01/02/2023

Hong Kong will not tolerate algorithmic stablecoins in new regulation

The chief financial regulator will demand all stablecoin issuers back up their values with the reserve assets at all times.

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