Hong Kong
Fintech News HK
HKMA and BNM Expand Fintech Ties With Cross-Border Stablecoin Push
- BNM and HKMA agreed to broaden fintech cooperation covering digital assets, tokenisation, trade finance, and financial infrastructure.
- The two central banks will establish a joint policy-focused workstream dedicated to exploring compliant cross-border stablecoin use cases.
- The initiative targets stablecoin applications specifically between Hong Kong and Malaysia, and follows a high-level bilateral meeting in Hong Kong.