With the new Virtual Asset Index Series, HKEX aims to create benchmarks for Bitcoin and Ether in Asia. Administrated by CCData, the indices aim to offer real-time and settlement-oriented prices. Reliable benchmarks can boost investors' confidence and support other financial products.

An ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.

On May 31, all unlicensed crypto exchanges had to leave the country. So far, only two local exchanges have secured licenses, and 18 more are waiting for the regulator's decision.

Local authorities ruled that data collection was breaking the law and demanded that the company stop collecting iris and facial images. While Worldcoin continues to grow its database, the company faces legal challenges worldwide.

The debut receieved a cool reception from traders, with a trading volume of just 12 million USD. However, there is rumblings about a future where the funds could open up to residents of mainland China.

The Hong Kong Securities and Futures Commission has approved applications for spot Bitcoin exchange-traded funds.

The HKMA is taking its exploration of a digital Hong Kong dollar (e-HKD) to the next level. Phase 2 of the e-HKD Pilot Programme is now open for applications, inviting businesses to propose creative ways to utilize this digital currency.

The Securities and Futures Commission added 11 products offered by the exchange to its suspicious investment products list and accused Bybit of conducting regulated activity without a license.