Crypto may enter insurers’ portfolios as Hong Kong reviews capital rules

Crypto may enter insurers’ portfolios as Hong Kong reviews capital rules

Hong Kong’s insurance regulator is reportedly weighing a proposal to let insurers invest in cryptocurrencies with a 100% capital charge. The Hong Kong Insurance Authority is reportedly proposing to allow insurance capital allocation to cryptocurrencies and infrastructure projects. Bloomberg reported on Monday that the city’s regulator started reviewing the risk-based capital regime to support the…

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How HashKey plans to become Hong Kong’s first crypto IPO

How HashKey plans to become Hong Kong’s first crypto IPO

HashKey’s IPO bid puts Hong Kong’s virtual asset regime on display, testing whether compliance-first crypto platforms can win investors. HashKey is aiming to become Hong Kong’s first fully crypto-native IPO by listing 240.57 million shares under the city’s virtual asset regulatory regime. The business extends beyond a spot exchange by combining trading, custody, institutional staking,…

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Chinese firms may face limits on stablecoin activity in Hong Kong: Report

Chinese firms may face limits on stablecoin activity in Hong Kong: Report

Chinese regulators are reportedly preparing to restrict mainland state-owned enterprises and banks from pursuing stablecoin and crypto initiatives in Hong Kong. Chinese internet giants, state-owned enterprises and financial institutions operating in Hong Kong may face restrictions on stablecoin and crypto activities. According to a Thursday report by local news outlet Caixin, mainland Chinese firms operating…

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Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction. Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to…

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Asia’s tokenization boom is shifting capital away from the West: Expert

Asia’s tokenization boom is shifting capital away from the West: Expert

Asia’s regulatory frameworks in tokenization are attracting global investors, with Japan and Hong Kong setting the pace for real-world asset adoption. Asia’s leadership in tokenization is drawing growing attention from global investors, with regulatory clarity in the region attracting capital that was once on the sidelines, according to Maarten Henskens, head of protocol growth at…

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