Hong Kong authorities plan to introduce new licensing rules for virtual asset advisory and management service providers as the city expands oversight of its digital asset market. The Financial Services and the Treasury Bureau and the Securities and Futures Commission…
Hong Kong's regulatory clarity for virtual assets could attract institutional investors, enhancing market stability and fostering innovation.
The post Hong Kong finalizes licensing rules for virtual asset advisory and management firms appeared first on Crypto Briefing.
Insider Brief PRESS RELEASE — Cornerstone Robotics (“CSR”), a leading global innovator in surgical robotics based in Hong Kong, China, is pleased to announce its Sentire® Endoscopic Surgical System (hereinafter “Sentire® Surgical System”) has officially received European Union CE mark certification under the Medical Device Regulation (MDR), covering minimally invasive surgical procedures in General Surgery, Gynecology, […]
Cyannova Capital (“Cyannova” or the “Company”), a New York-based investment firm, announces its inaugural investment fund, Cyannova Capital, LP, at its private industry reception held in Hong Kong.
The post Asian stocks rally on US-Iran peace hopes; Nikkei 225 hits record appeared on BitcoinEthereumNews.com.
Most Asian stocks rally broadly at the start of a new week as developments over the weekend fuel hopes for a potential deal to end a nearly three-month-long Iran war and boost investors’ appetite for riskier assets. Japan’s Nikkei 225 ?roars past the 65,000 level, hitting a fresh record high, while South Korea, Hong Kong, and Indian equities see sustained upward momentum. Axios reported late Saturday, citing a US official, that the US and Iran are close to signing an agreement that involves a 60-day ceasefire extension during which the Strait of Hormuz would be reopened. Adding to this, US President Donald Trump said that the framework for a peace deal with Iran was largely negotiated. The optimism leads to a steep decline in Crude Oil prices and eases inflationary concerns, triggering a fall in bond yields and driving stock prices higher. However, the US and Iran remained at
Bitfire stablecoin ambitions are accelerating even as the Hong Kong crypto firm posts a HK$245 million half-year loss. Bitfire reported a profit warning on May 21 disclosing a net loss of up to HK$245 million ($31.28 million) for the six…
Hong Kong dollar stablecoin HKDAP completed Ethereum testing and may begin phased issuance by the end of Q2 2026. Hong Kong moved closer to launching its first officially approved stablecoin after HKDAP completed a successful Ethereum mainnet transfer test. According to HKET, the project was a collaboration between multiple licensed financial and crypto firms to […]
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HKDAP's successful test on Ethereum signals Hong Kong's push for regulated digital finance, potentially transforming asset settlement and payments.
The post Anchorpoint Financial completes testing of HKDAP stablecoin on Ethereum appeared first on Crypto Briefing.
Hong Kong’s first officially approved HKD-backed stablecoin, HKDAP, has completed a live transfer test on Ethereum involving three licensed firms. The transfer of Hong Kong’s HKD-backed stablecoin on Ethereum (ETH) demonstrates the regulator’s willingness to adopt innovative DeFi tooling. According…