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Hong Kong Monetary Authority

The latest Hong Kong Monetary Authority coverage from Bullquill: sourced, dated and explained.

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  1. HSBC RedCoin stablecoin goes live for 3.3 million PayMe users

    RedCoin (RCHKD) launched on 23 October for person-to-person transfers and PayMe merchant payments. It runs on HSBC's own ledger, works only inside HSBC apps and is not covered by Hong Kong's Deposit Protection Scheme.

    FIN · 6 MIN