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Composite Interest Rate Drops to 2.65% in April 2024, Announces HKMA

Composite Interest Rate Drops to 2.65% in April 2024, Announces HKMA

The Hong Kong Monetary Authority reveals a decrease in the composite interest rate for April 2024.

Hong Kong Monetary Authority's Project mBridge Achieves MVP Milestone

Hong Kong Monetary Authority's Project mBridge Achieves MVP Milestone

Project mBridge reaches MVP stage, exploring CBDCs for cross-border payments.

THORChain Introduces Trade Assets for Enhanced Onchain Trading Experience

THORChain Introduces Trade Assets for Enhanced Onchain Trading Experience

THORChain launches Trade Assets for efficient and transparent onchain trading.

Hong Kong Monetary Authority Announces Results of RMB Bills Tender

Hong Kong Monetary Authority Announces Results of RMB Bills Tender

The Hong Kong Monetary Authority revealed the results of the People’s Bank of China RMB Bills tender held on June 19, 2024.

Fireblocks Integrates with THORChain to Enhance Cross-Chain Settlements

Fireblocks Integrates with THORChain to Enhance Cross-Chain Settlements

Fireblocks has integrated with THORChain to offer secure custody and transfer of RUNE, enabling seamless cross-chain settlements.

Hong Kong Monetary Authority Releases Reports on DeFi and Metaverse in Finance

Hong Kong Monetary Authority Releases Reports on DeFi and Metaverse in Finance

The Hong Kong Monetary Authority has published reports on DeFi and the metaverse, analyzing their impact and regulatory landscape in the financial services industry.

Zengo Wallet Integrates THORChain for Low-Fee, Secure Self-Custodial Swaps

Zengo Wallet Integrates THORChain for Low-Fee, Secure Self-Custodial Swaps

Zengo Wallet launches an in-wallet swap solution powered by THORChain, offering low-fee and secure self-custodial swaps for users.

HKMA Announces Senior Staff Changes: Raymond Li to Retire, Colin Pou to Succeed

HKMA Announces Senior Staff Changes: Raymond Li to Retire, Colin Pou to Succeed

The Hong Kong Monetary Authority (HKMA) announces the retirement of Raymond Li and the succession by Colin Pou. Open recruitment for the Executive Director role will follow.

Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports

Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports

The Hong Kong Monetary Authority (HKMA) reports a 17.2% decline in mortgage applications for June 2024, with significant decreases in loan approvals.

Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024

Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024

The Hong Kong Monetary Authority's survey reveals a decrease in residential mortgage loans (RMLs) in negative equity by end of June 2024.

Hong Kong Monetary Authority Announces 5.00% Interest Rate for Silver Bond Series Due 2026

Hong Kong Monetary Authority Announces 5.00% Interest Rate for Silver Bond Series Due 2026

The Hong Kong Monetary Authority has set the annual interest rate for the second interest payment of the Silver Bond Series due 2026 at 5.00%.

Hong Kong Monetary Authority Announces FPS Downtime for System Enhancement

Hong Kong Monetary Authority Announces FPS Downtime for System Enhancement

Hong Kong Monetary Authority plans a system enhancement for the Faster Payment System (FPS) on August 18, 2024, causing a temporary service outage.

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