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05.06.26 - 12:48
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Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds (SCMP)
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Hong Kong's de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers.
The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, market infrastructure providers and digital asset companies to support the development of the city's......
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05.06.26 - 08:12
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Report of HK Bank Account Curbs Sinks Financial Stocks (Bloomberg)
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Hong Kong financial stocks fell after a report that some banks have suspended opening bank accounts for clients in mainland China, as part of a broader push to stem capital flight after Beijing launched a crackdown on illegal cross-border trading. Bloomberg Intelligence's Francis Chan and Steven Lam discuss the implications. (Source: Bloomberg)...
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