DEEPSEEK
Hong Kong Banks Launch 'Money Safe' to Bolster Anti-Scam Measures
Hong Kong Monetary Authority and banks launch 'Money Safe' service to enhance deposit protection and combat scams effectively.
HKMA Expands RMB Business Facility with Increased Quota and New Participants
The Hong Kong Monetary Authority (HKMA) expands its RMB Business Facility, increasing the quota to RMB100 billion and adding 40 participating banks in Phase 2.
Banks Embrace Digital Asset Trading Amid Rising Tokenization
Banks are expanding into digital asset trading and brokerage services as tokenized assets gain traction, revolutionizing market infrastructure and client engagement.
The Significance of Stablecoins for Banks: A Financial Evolution
Stablecoins are revolutionizing the banking industry by providing fast, cost-effective, and programmable payment solutions, offering banks opportunities for innovation and enhanced compliance.
Hong Kong Banks Implement New Measures for Tai Po Fire Victims
In response to the Tai Po fire, Hong Kong banks have introduced additional measures to support affected individuals, including expedited account handling and flexible credit support.
Hong Kong Banks Implement Emergency Measures for Tai Po Fire Victims
In response to the Tai Po fire, Hong Kong banks introduce six emergency support measures to assist affected residents, including repayment grace periods and extended service hours.
Banks Reevaluate Digital Asset Custody Strategies for Future Growth
Banks are increasingly focusing on direct digital asset custody to enhance control over wallets, compliance, and tokenized services, positioning themselves strategically for the future of digital finance.
Banks Navigate Compliance in Digital Asset Custody
Banks are integrating digital asset custody with new compliance frameworks, aligning with global standards like NIST CSF and DORA to secure assets effectively.
OKX Launches Rubix to Facilitate Digital Asset Access for Banks
OKX unveils Rubix, a modular solution enabling banks and financial institutions to integrate digital asset services seamlessly, reducing operational and compliance barriers.
Federal Reserve's Proposal Aims to Alleviate Crypto Debanking Challenges
The Federal Reserve introduces a proposal to grant fintechs and crypto platforms direct access to payment systems, potentially reducing their dependency on traditional banks.
