Tag: Hong Kong

Hong Kong raises $5.8bn in green bond issuance

The Hong Kong government has completed a green bond issuance, raising $5.75bn in a triple-currency offering.

xalts raises $6m for its digital asset ecosystem platform

xalts, an investment management platform supporting the digital asset ecosystem, has raised $6m in funding.

HKMA imposes HK$11m penalty on Cathay United Bank

The Hong Kong Monetary Authority (HKMA) has fined Cathay United Bank’s Hong Kong branch HK$11m following an investigation.

Hong Kong-based PayTech KPay closes $10m

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

HKMA unveils tougher regulations for BNPL sector

The Hong Kong Monetary Authority (HKMA) has issued a circular to banks on buy now pay later (BNPL) products to implement new consumer protection measures.

Hong Kong introduces subsidies to help bolster FinTech competitivity

The Hong Kong government is planning to bring in a range of financial incentives to address skill shortages in the FinTech sector.

Hong Kong’s SFC calls for regulation on NFT-based investment schemes

Hong Kong’s Securities and Futures Commission has said that some NFTs that constitute investment products will have to be regulated.   

Could 2022 be the year of the CBDC?

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

Crypto unicorn Babel Finance closes another funding round just 12 months...

Wholesale crypto financial services provider Babel Finance has scored $80m in its Series B funding round, just four months after its former round.

Hong Kong-based ESG data startup Allinfra scores $6m

Hong Kong-based Allinfra, which is helping institutions meets sustainability goals, has scored $6m in funding.

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