Hong Kong to launch gold-clearing system, aiming for bullion hub status

The post Hong Kong bets on RMB trading amid Crypto ETFs demand surge appeared on BitcoinEthereumNews.com. An amendment to Hong Kong’s Stamp Duty bill could mean that dual-counter securities traded in yuan are subject to stamp duty directly in renminbi.  This is also another effort aimed at boosting RMB offshore liquidity and strengthening the city’s position as the region’s hub for digital asset and ETF trading. The proposed Stamp Duty (Amendment) (No. 2) Bill 2026 is distinct from the Residential Property Stamp Duty amendment legislation that was passed by the Legislative Council on May 20. This earlier legislation, enacted in the government’s 2026-27 Budget announcement, raised stamp duty for high-end residential sales above HK$100 million to 6.5% from 4.25%. This new securities-focused bill is slated to have its first reading at the Legislative Council on June 10. Hong Kong pushes RMB trading growth Hong Kong’s dual-counter trading system allows some selected securities listed on HK

Insider Brief Hong Kong-listed Mint Incorporation is forming a joint venture with Rice Robotics to develop AI companion robots for the consumer market. The first batch of consumer-ready robots is expected to launch initially in Asian markets in the third quarter of 2026, according to Mint. In the deal, Mint’s subsidiary Aspiration X will invest […]

Hong Kong's gold-clearing system could reshape global bullion trading, enhancing regional financial integration and boosting digital asset credibility. The post Hong Kong launches gold-clearing system to become Asia’s top bullion hub appeared first on Crypto Briefing.

The raids highlight regulatory scrutiny in Hong Kong's IPO market, potentially affecting investor confidence and due diligence standards. The post Hong Kong watchdog raids CCB International, China Securities International over IPO misconduct probe appeared first on Crypto Briefing.

The raids highlight regulatory scrutiny in Hong Kong's IPO market, potentially affecting investor confidence and due diligence standards. The post Hong Kong watchdog raids CCB International, China Securities International over IPO misconduct probe appeared first on Crypto Briefing.

Hong Kong finalized licensing rules for virtual asset advisory and management firms on May 26, 2026. VA advisory aligns with Type 4 (securities advice) and management with Type 9 (asset management) under AMLO. Minimum capital is HK$5M; firms holding client assets need HK$3M liquid, others need HK$100K liquid. The Asian crypto hub is on the […] The post Hong Kong Moves to Regulate Virtual Asset Managers With New Rules appeared first on Live Bitcoin News.

The raids highlight regulatory vigilance, potentially shaking investor confidence in Hong Kong's IPO market and impacting future listings. The post Hong Kong watchdog raids CCB International, China Securities International amid IPO probe appeared first on Crypto Briefing.

Hong Kong's rise as a wealth hub signals a shift in global financial power dynamics, potentially increasing demand for digital assets and influencing regional economic policies. The post Hong Kong surpasses Switzerland as world’s top cross-border wealth hub appeared first on Crypto Briefing.