The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.

With fresh mandates, pilot projects, and corporate license bids, stablecoins are shedding their crypto roots to reshape how ...

A digital currency pegged to the offshore yuan would be more workable in Hong Kong than mainland China, the central bank ...

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

Publicly traded DDC Enterprise plans to buy 5,000 BTC over the next three years after raising fresh funding to fuel its ...

JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in ...

BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based ...

Chinese investors are piling into Hong Kong shares lured by lower valuations and the city's strategic position in China's ...

Paxos has launched its Global Dollar (USDG) stablecoin in the European Union, ensuring compliance with the EU's Markets in ...

AUD/HKD Chart and Trend Looking at the chart below that shows the past 30 days, you can see today's interbank Hong Kong Dollar rate of 5.1624 is 2.17% higher compared to 5.053 on June 01.

Institutional use looks promising, but retail payment adoption remains limited for now. Read more at straitstimes.com. Read ...