-
Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
24 Sep 2025 07:22 GMT
… . That leaves the Hong Kong dollar as the region’s … flow freely, effectively mimicking Hong Kong’s SAR status, … Hong Kong stands apart. Its dollar is fully convertible, supported by a currency … reinforce the dominance of dollar-backed stablecoins. Unless …
-
China’s yuan softens against the dollar after weaker fixing
24 Sep 2025 08:06 GMT
HONG KONG: China’s yuan edged lower against the US dollar on Wednesday … put further pressure on the dollar, but overall market expectations … the pace of the local currency’s appreciation, some major state … to clients.
The dollar’s six-currency index was 0.1% …
-
Singapore dollar-backed XSGD stablecoin to launch on Coinbase on Sep 30
24 Sep 2025 02:21 GMT
… to BlackRock.
Singapore and Hong Kong have both been angling … with the upcoming Single Currency Stablecoin regulatory framework. StraitsX … and quick foreign-exchange (forex) transactions.
The stablecoin … pegged to the US dollar.
XSGD is currently available …
-
China ask brokers to pause real-world asset business in Hong Kong, sources say
22 Sep 2025 10:54 GMT
… interest in the digital currency among domestic investors, … prices of U.S. dollar, Hong Kong dollar and offshore renminbi, its … institute in Hong Kong to push RWA tokenization.
Hong Kong' … obtained regulatory approval in Hong Kong to offer cryptocurrency …
-
Why Hong Kong’s commercial property market could do with some stress
22 Sep 2025 08:54 GMT
… Hong Kong, showcasing the city’s position as the dominant offshore dollar … .
In both local currency and US dollar terms, the Hang … charge into Hong Kong’s equity market.
In Hong Kong’s commercial …
On August 13, the Hong Kong Monetary Authority, the city’s …
-
How Technology Is Transforming Capital Flows and Redefining Currency Dominance
23 Sep 2025 06:58 GMT
… to understand.
Redefining Currency Dominance: The Geopolitical … ’s Currency Sovereignty: Widespread use of dollar-backed stablecoins … , the UAE, and Hong Kong, with Saudi Arabia joining … -sector innovation, particularly dollar-backed stablecoins, while …
-
Currency Exchange Rates in Pakistan Today – Dollar, Euro, Pound Updates (23 Sept 2025)
23 Sep 2025 04:34 GMT
… for selling, according to local currency dealers.
Euro remained at Rs331 … currencies witnessed minor fluctuations. Canadian Dollar was traded between Rs203.00 … Rs208.00, the Australian Dollar at Rs184.50–189.50 … DKK
44.15
44.75
Hong Kong Dollar
HKD
36.12
36.47 …
-
East vs West stablecoin cold war emerges in battle for the first trillion dollar stablecoin
23 Sep 2025 04:31 GMT
… , has launched from Hong Kong with a licensing path … dollar liquidity, it is whether licensed offshore issuance in Hong Kong … the venue level, while currency controls and onshore policy … corridors, which means whether Hong Kong’s licensing, custody, and …
-
US rate cut offers Hong Kong relief but uncertainties remain
20 Sep 2025 23:04 GMT
… But besides finance professionals, Hong Kong people are also keenly interested … running on a currency pegged to the US dollar, the latest rate … make gains against the US dollar.
Given central banks’ … run more legs. The Hong Kong Monetary Authority and the …
-
China Launches New Stablecoin Amid Global Digital Currency Race
22 Sep 2025 13:05 GMT
… and Road Summit in Hong Kong. The stablecoin aims to … is managed. Source: BDACS Currency stablecoins, especially those backed … Inflation driven by excess currency supply diminishes fiat value … soaring national debt and dollar depreciation, reinforcing the …