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HKMA proposes renaming virtual banks to digital banks in Hong Kong.
digital banks

Hong Kong Monetary Authority Proposes Renaming Virtual Banks to Digital Banks

The HKMA plans to rename virtual banks as digital banks to differentiate them from traditional digital banking services, highlighting their unique operational model and use of financial technology....

BahrainBahrain National Bank Bitcoin Investment Product Announcement

Bahrain National Bank Launches Bitcoin-Linked Investment Product

Bahrain National Bank (NBB) has unveiled a Bitcoin-linked structured investment product at the Fintech Forward 2024 event. This product targets qualified investors in the GCC region, offering a cha...

FinancialInnovationHong Kong Fintech Week 2023 showcasing innovative financial technologies.

Hong Kong Fintech Week 2023: New Pathways in Financial Technology

The 9th Hong Kong Fintech Week, held from October 28 to November 1, 2023, will focus on 'Lighting Up New Pathways in Fintech', showcasing eight thematic forums on emerging financial technologies.

Financial StabilityLee Hyun-deok discussing virtual asset growth at Seoul Fintech Week 2024.

Korean Financial Regulator Highlights Future Growth of Virtual Assets Market

In a recent address at Seoul Fintech Week 2024, Lee Hyun-deok, Director of the Virtual Asset Supervision Bureau, underscored the anticipated growth of the virtual assets market in South Korea, emph...

digital assetsStandard Chartered logo with a digital currency concept.

Standard Chartered Explores Development of a Universal Stablecoin

Standard Chartered is delving into the creation of a universal stablecoin, aiming to enhance connectivity across diverse application scenarios. Announced by the HKMA, the initiative marks a signifi...

AIHong Kong Financial Technology Meeting discussing AI and fintech integration.

Hong Kong Government Advances Fintech and AI Integration in Financial Markets

On October 4, the Hong Kong Secretary for Financial Services, Christopher Hui, led a meeting on fostering fintech innovation, integrating virtual assets, and advancing AI in the financial sector wi...