8 stories about Hong Kong from across the crypto press, curated and summarized daily. Most recent: Nov 5, 2026.
Hong Kong has passed a law requiring crypto firms to collect customer and transaction information from 2027. From 2028, the city will share that information with overseas tax authorities, extending international tax reporting rules to crypto activity.
Hong Kong’s monetary authority plans to include regulated stablecoins in trials involving tokenized government debt, with settlement designed to run around the clock. Separately, HSBC says its Hong Kong dollar stablecoin, RedCoin, has reached 50,000 users.
Hong Kong has designated a Nasdaq-listed company focused on Solana as a strategic enterprise. The company says it plans to set up Solana validator operations in the city, though the announcement does not specify a launch date or further details about the designation.
HSBC has activated its Hong Kong dollar stablecoin, RedCoin, inside PayMe, the bank’s payments app with more than 3 million users. The move tests whether a bank-issued digital token can work in familiar everyday payment settings, rather than remaining a product mainly for crypto or financial institutions.
HSBC is beginning to offer its Hong Kong dollar stablecoin, RedCoin, through PayMe, its payments app with more than 3 million users. Users will be able to activate an in-app wallet for payments between people and at participating merchants; HSBC also plans to support tokenized investment subscriptions and institutional uses.
Standard Chartered will distribute Anchorpoint's HKDAP stablecoin to eligible clients. This marks the first time a major bank has offered a regulated stablecoin in Hong Kong.
Standard Chartered's Anchorpoint has launched a Hong Kong dollar-pegged stablecoin, HKDAP, now available for institutional investors. HashKey Exchange and OSL Group are authorized distributors, enabling minting and redemption of the token.
Hong Kong is moving to license virtual asset advisers and managers under anti-money laundering rules, with legislation expected by 2026. This follows the city's efforts to become a major crypto hub.