Hong Kong is accelerating its push to become a leading global hub for digital assets, with new regulatory changes designed to enhance liquidity and expand product offerings for virtual asset trading platforms.
The Hong Kong Monetary Authority (HKMA) is charting the next frontier of financial innovation, moving the city’s Fintech 2030 agenda beyond basic digital adoption toward a fully connected, intelligent, and quantum-ready financial ecosystem designed to secure Hong Kong’s global leadership in the coming decade.
Cross-border test connects Brazil’s Drex and Hong Kong’s Ensemble CBDC blockchain networks, showcasing the future of automated, programmable trade finance.
Tech giants’ plans to issue stablecoins in Hong Kong are reportedly on hold, as Chinese authorities instructed them not to proceed with such initiatives, fearing they might undermine state control over financial industry.
By 30 September, Hong Kong was handling almost 300 active IPO filings, a new record, KPMG reports.
WeLab and Google partner to potentially deliver AI-powered financial services to 500 million users by 2032.
Through integration with UATP Ceptor gateway, AsiaPay can reach hundreds of airlines and travel merchants worldwide.
Ant International’s new AI travel companion – Alipay+ Voyager – combines agentic AI capabilities with the convenience of digital wallet payments.
The revolutionary Alipay+ transaction with a payment solution for global e-wallets embedded within Meizu StarV Snap smart glasses is an important milestone for the whole fintech industry.
Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]
This month, HSBC plans to launch an updated mobile app in Hong Kong to offer local consumers what the management of this financial institution characterizes as the most personalized and simplified experience.
In Hong Kong, eight local digital banks intend to expand their wealth management services in the background of favorable results.
MoneyHero customers in Hong Kong can now directly complete their end-to-end car insurance purchase journey on the personal finance aggregation and comparison platform.
ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management Company, has launched the city’s first tokenised money market fund, which is also available to retail investors.
The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.
Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
