Search results for Anchorpoint Financial
Crypto
Hong Kong shifts financial markets to 24-hour on-chain settlement, speeds up tokenised payments
Hong Kong is strengthening tokenised financial infrastructure and digital asset regulation at the same time. It plans to build a 24-hour on-chain payment environment using tokenised central bank money, while also revising licensing for crypto operators and regulatory frameworks for tokenised investment products. The Hong Kong Monetary Authority aims to upgrade its EnsembleTX pilot by year-end, and regulators also plan tougher oversight of custody and anti-money laundering, including market surveillance using systems and AI.
Crypto
Singapore, Hong Kong, Japan emerge as test beds for stablecoin payment networks
Asia is emerging as the first large-scale testing ground for stablecoin payment and settlement networks. Singapore, Hong Kong and Japan are building regulatory zones that allow stablecoins for payments and settlement under supervision. Singapore has included firms such as Circle and Coinbase as major payment institutions. Hong Kong has started licensing fiat-backed stablecoin issuers and granted its first licences. Japan has expanded its crypto travel rule requirements for transfers.
Crypto
HashKey starts beta distribution of Hong Kong dollar stablecoin HKDAP
HashKey exchange has joined as an authorised distributor of the Hong Kong dollar stablecoin HKDAP. Cointelegraph reported on Aug. 12 that Hong Kong-licensed stablecoin issuer Anchorpoint Financial added HashKey to HKDAP distribution channels as part of a beta launch. Eligible institutions and professional investors can access HKDAP through HashKey and other supported channels. HashKey completed its first HKDAP issuance and redemption transactions for eligible clients, including fiat deposits and withdrawals.
