Catenaa, Sunday, April 06, 2025-Global crypto investment products attracted $226 million in net inflows last week, marking the second straight week of gains, according to asset manager CoinShares. Bitcoin led with $195 million in inflows, while altcoins based funds saw positive movement for the first time in five weeks. Despite nine consecutive days of inflows, […]

Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]

Catenaa, Tuesday, April 08, 2025-CPIC Investment Management Hong Kong (CPICIMHK) has launched the city’s first tokenized USD money market fund, marking a milestone in blockchain finance.  Dubbed CPIC Estable MMF, the private fund digitizes shares on the blockchain for transparent ownership tracking. The fund debuted with an initial $100 million subscription on the HashKey Chain, […]

Catenaa, Wednesday, April 16, 2025-Hong Kong’s residential rental market, traditionally slow due to weak demand, is experiencing a resurgence thanks to a wave of professionals from the crypto and hedge fund sectors. A new report from property consultancy Savills Hong Kong revealed that the first quarter of 2025 saw leasing activity focused on Kowloon and […]

Catenaa, Saturday, June 31, 2025-Hong Kong-based food conglomerate DDC Enterprise Ltd. announced a $1 billion Bitcoin accumulation strategy, signaling a major shift in corporate treasury management akin to MicroStrategy’s pioneering BTC investment. The company aims to acquire 5,000 bitcoins by mid-2027, starting with an initial purchase of 21 BTC valued at $2.28 million. DDC described […]

Catenaa, Tuesday, July 1, 2025- Chinese brokerage firm GF Securities has teamed up with HashKey to issue tokenized securities called “GF Token” in Hong Kong, available in US dollars, Hong Kong dollars, and offshore yuan. The move supports Hong Kong’s ongoing push to become a leading crypto hub. GF Token offers daily interest accrual and […]

Catenaa, Wednesday, February 19, 2025- The increasing demand for Hong Kong (HK) equities has caused local banks to borrow $ 707 million to maintain interbank liquidity on Tuesday, the largest overnight cash amount since 2019. Data compiled by Bloomberg said the Hong Kong Monetary Authority has loaned out HK$ 5.5 billion ($ 707 million) through its so-called […]

Catenaa, Tuesday, February 18, 2025 – Hong Kong’s (HK) Hang Seng TECH Index, which represents the 30 largest listed technology companies, recorded a 3-year high on Tuesday after it gained over 3% fueled by the Al rally and promised relief by Chinese President Xi Jinping. Hoever, China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes moved little […]

Catenaa, Friday, April 11, 2025- Hong Kong Securities and Futures Commission (SFC) has granted approval for licensed crypto platforms and exchange-traded funds (ETFs) to offer staking services. The development is part of Hong Kong’s broader strategy to become a global cryptocurrency hub. In a statement released Monday, the SFC outlined regulatory guidelines for virtual asset […]

Catenaa, Thursday, December 19, 2024 – Hong Kong Securities and Futures Commission has granted licenses to another four cryptocurrency exchanges, further strengthening the city’s bid to become a global hub for digital asset trading.  According to a Reuters report the approved platforms—Accumulus GBA Technology, DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales […]

Catenaa, Wednesday, May 21, 2025- Lawmakers in Hong Kong passed landmark legislation Wednesday to establish a licensing regime for stablecoin issuers, becoming one of the first global financial hubs to formalize oversight of fiat-referenced digital assets. The “Stablecoins Ordinance,” passed in its third reading by the Legislative Council, mandates that any entity seeking to issue […]

Catenaa, Wednesday, June 18, 2025-Financial Secretary Paul Chan Mo-po said Hong Kong will intensify efforts to become a major global hub for digital assets, citing a surge in local banking activity tied to the sector and rising interest in stablecoins from both traditional finance and crypto firms. In a blog post Sunday, Chan said Hong […]

Catenaa, Tuesday, July 1, 2025-Hong Kong will launch a new licensing regime for fiat-referenced stablecoins on August 1, setting strict rules for issuance and retail marketing in a move seen as supporting China’s de-dollarization push and reshaping the role of US dollar-pegged tokens in Asia. The new framework, supervised by the Hong Kong Monetary Authority, […]

Catenaa, Saturday, June 28, 2025-Hong Kong new stablecoin licensing regime will launch on August 1 with a high bar for applicants, the Hong Kong Monetary Authority (HKMA) announced Friday. Only a limited number of issuers are expected to receive approval initially as regulators prioritize “real-world use cases” and operational readiness. HKMA Chief Executive Eddie Yue […]

Catenaa, Saturday, June 14, 2025- Hong Kong will implement its new stablecoin regulatory framework starting August 1, 2025, following the ordinance’s ratification on May 30, officials have announced. The law establishes a licensing regime for stablecoin issuers and related service providers operating in the city. Authorities expect the first licenses to be granted by year-end. […]

Catenaa, Tuesday, June 24, 2025-Hong Kong is set to become a global leader in digital asset regulation as its upcoming stablecoin licensing regime is expected to take effect on August 1, providing the city with a strategic advantage in the intensifying race to regulate cryptocurrencies. Paul Chan, Hong Kong’s financial secretary, told a forum Saturday […]

Catenaa, Tuesday, July 01, 2025-Hong Kong last Wednesday announced a sweeping new digital assets policy aimed at expanding real-world asset (RWA) tokenization and reinforcing its push to become a global cryptocurrency hub. The updated framework, called Policy Statement 2.0, introduces the “LEAP” initiative, which focuses on legal clarity, ecosystem coordination, asset innovation and practical blockchain […]

Catenaa, Tuesday, March, 11, 2025-The Hong Kong government has issued a warning about a fraudulent cryptocurrency scheme involving a fake digital coin dubbed the “National Hong Kong Coin,” which was promoted through a fake social media account impersonating the city’s Chief Executive, John Lee Ka-chiu. The scam, which falsely claimed that the coin was built […]

Catenaa, Tuesday, April 01, 2025- The Hong Kong Web3 Festival 2025 will be held from April 6 to 9 at the Hong Kong Convention and Exhibition Centre, showcasing a robust agenda with over 30 sessions on Web3 topics. The event will feature discussions on Web3 regulation, crypto finance, AI integration, and decentralized infrastructure. Notable sessions […]

Catenaa, December 26, 2024 – Singapore and Hong Kong have emerged as key players in cryptocurrency regulation in 2024, implementing frameworks for exchanges, stablecoins, and asset tokenization.  Singapore strengthened its oversight in April, introducing stricter rules for crypto custodial services and tokenized payments. The Monetary Authority of Singapore’s Project Guardian has completed over 15 industry […]

Catenaa, Tuesday, January 21, 2025 – ZA Bank, the city’s largest digital neobank, is reportedly considering opening physical branches in Hong Kong, taking advantage of new regulations by the Hong Kong Monetary Authority (HKMA).  Under the updated rules, digital banks in Hong Kong are now permitted to operate a limited number of physical locations, a […]