Tag
12 stories in this topic
Hong Kong sports retailers and fans face legal ambiguity under the city’s Stablecoins Ordinance following Chelsea’s front-of-shirt partnership with USDC issuer Circle.
The Hongkong and Shanghai Banking Corporation Limited, a subsidiary of HSBC, has been granted a license to issue stablecoins by the Hong Kong Monetary Authority (HKMA), marking a significant foray into the regulated digital asset space. The bank intends to…
In the coming year, the majority of stablecoin launches in Asia are predicted to fail, according to recent projections from research and advisory firm Forrester. In their 2026 Payments Predictions report, they estimate that 80% of local stablecoin launches in…
Authorities in Hong Kong are gearing up to regulate the burgeoning sector of tokenized finance. The Hong Kong Monetary Authority (HKMA) is set to advance Project Ensemble, an initiative aimed at urging local commercial banks to embrace tokenized deposits and…
Japan is gearing up for a significant financial innovation with plans to introduce its first stablecoin by late 2025. This move, while groundbreaking, is not predicted to shake up the dynamics of Japanese government bonds significantly. According to Bank of…
Hong Kong’s recently enacted stablecoins ordinance is poised to shake up the local banking landscape, particularly in the realm of digital payments. As these digital currencies emerge, they may create fresh competition for banks while simultaneously providing…
Hong Kong’s newly enacted Stablecoins bill is reshaping the landscape for digital currencies, enhancing transparency and compliance while unlocking avenues for innovation in the digital asset market. This pivotal legislation is drawing considerable attention…
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCC) have officially unveiled the industry participants for their tokenised asset settlement research initiative, marking a significant step towards modernizing…
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that…
Switzerland’s largest online bank is riding the crypto wave. Swissquote’s ambitions include setting up its own trading platform for digital currencies, sales manager Jan De Schepper said. Swissquote plans to open its own crypto exchange before the end of the…
Beijing continues to express negative sentiments about cryptocurrencies, in the midst of a nationwide crackdown, this time with the central bank calling out stablecoins as a source of instability. Fan Yifei, deputy governor of the People Bank of China, said…
Amid an escalating trade war with the U.S., Chinese citizens moved $50 billion worth of cryptocurrency out of the country over the past 12 months, with stablecoin Tether mainly used to facilitate the outflows. Over the last twelve months, with China’s economy…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.