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Policy to regulate OTC Christopher Hui, director-general of Hong Kong’s Financial Services and Treasury Board (FSTB), argued on the 2nd that over-the-counter trading (OTC) of crypto assets (virtual currencies) needs to be regulated. He said that...

Harvest Global Investments, a major Chinese asset management company, has applied for a spot Bitcoin exchange-traded fund (ETF) with the Securities and Futures Commission (SFC) in Hong Kong, and has announced that it will The company says it is in...

Proposes introduction of authorization system for stablecoin issuance On the 27th, the Hong Kong Monetary Authority (HKMA) jointly with the Financial Treasury Board (FSTB) issued a consultation paper on introducing regulations for stablecoin...