Search results for HKD
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.
Crypto
Hong Kong dollar stablecoin HKDAP completes Ethereum mainnet test after regulatory approval
Anchorpoint Financial, which received a stablecoin issuance licence from the Hong Kong Monetary Authority, has completed a test transferring its Hong Kong dollar stablecoin HKDAP (HKD At Par) to the Ethereum mainnet. The test was conducted with OSL Group and LeopardTrade, a trading platform under Futu Holdings, and focused on verifying the process of converting fiat Hong Kong dollar funds into reserve assets. Standard Chartered Hong Kong provided infrastructure and institutional trust services.
Finance
Toss Bank offers overseas remittance customers fee waiver and 50,000 won cashback promotion
Toss Bank said on Tuesday it will run an overseas remittance promotion through March 31 for customers who send money abroad through the bank. The bank will waive the 3,900 won fee per transfer, with no limit on the number of discounted transfers per person, regardless of the amount. It will also pay 10,000 won cashback for transfers of $5,000 or more, up to five times per person, including eligible non-USD transfers.
