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  1. HKMA just published the most granular regulator-led PQC readiness assessment I've seen from any financial authority: a 56-page whitepaper with sector-wide survey data, a four-dimensional readiness index (12 sub-indices), barrier rankings, and five completed pilot descriptions.

    The headline number: Hong Kong's banking sector scores 2.3/10 on post-quantum cryptography readiness. Pilots score 1.8/10 — the weakest dimension. 71% of respondents have never conducted or planned any PoC or live testing of PQC algorithms.

    The barrier data is more interesting than the score. 87% ranked third-party dependencies as a top-three obstacle. 85% said their vendors lack clear PQC roadmaps. 79% cited technical complexity of cryptographic asset discovery across legacy IT environments. Banks can't migrate what they don't control, and the vendor ecosystem hasn't given them enough to plan against.

    FINMA published similar findings from Switzerland two weeks earlier: 72% of 60 surveyed institutions hadn't planned or implemented quantum-safe measures, only 8% had a roadmap. Two jurisdictions, same picture.

    What the HKMA report misses: no treatment of signature forgery (Trust Now, Forge Later) as a distinct threat track alongside HNDL. For banking, this matters — a CRQC that can break ECC forges transaction authorizations on the day the capability arrives. The report also never names ML-KEM, ML-DSA, or SLH-DSA in its body (they appear only in the abbreviations appendix), and barely addresses China's divergent PQC standards program despite Hong Kong straddling both cryptographic ecosystems.

    Carmen Chu (HKMA Banking Supervision) noted that banks with existing transition plans estimate 5.6 years on average to complete migration. The HKMA targets full readiness by 2030. The contradiction speaks for itself.

    Full analysis: postquantum.com/security-pqc/h

    #infosec #cybersecurity #PQC #postquantum #quantum #cryptography #banking #HKMA

  2. HKMA just published the most granular regulator-led PQC readiness assessment I've seen from any financial authority: a 56-page whitepaper with sector-wide survey data, a four-dimensional readiness index (12 sub-indices), barrier rankings, and five completed pilot descriptions.

    The headline number: Hong Kong's banking sector scores 2.3/10 on post-quantum cryptography readiness. Pilots score 1.8/10 — the weakest dimension. 71% of respondents have never conducted or planned any PoC or live testing of PQC algorithms.

    The barrier data is more interesting than the score. 87% ranked third-party dependencies as a top-three obstacle. 85% said their vendors lack clear PQC roadmaps. 79% cited technical complexity of cryptographic asset discovery across legacy IT environments. Banks can't migrate what they don't control, and the vendor ecosystem hasn't given them enough to plan against.

    FINMA published similar findings from Switzerland two weeks earlier: 72% of 60 surveyed institutions hadn't planned or implemented quantum-safe measures, only 8% had a roadmap. Two jurisdictions, same picture.

    What the HKMA report misses: no treatment of signature forgery (Trust Now, Forge Later) as a distinct threat track alongside HNDL. For banking, this matters — a CRQC that can break ECC forges transaction authorizations on the day the capability arrives. The report also never names ML-KEM, ML-DSA, or SLH-DSA in its body (they appear only in the abbreviations appendix), and barely addresses China's divergent PQC standards program despite Hong Kong straddling both cryptographic ecosystems.

    Carmen Chu (HKMA Banking Supervision) noted that banks with existing transition plans estimate 5.6 years on average to complete migration. The HKMA targets full readiness by 2030. The contradiction speaks for itself.

    Full analysis: postquantum.com/security-pqc/h

    #infosec #cybersecurity #PQC #postquantum #quantum #cryptography #banking #HKMA

  3. Franklin Templeton Introduces Hong Kong’s First Tokenized Fund - TLDR

    Franklin Templeton debuts Hong Kong’s first tokenized fund using blockchain-based i... - blockonomi.com/franklin-temple #hongkongmonetaryauthority #franklintempleton #fintech #hkma

  4. Franklin Templeton Introduces Hong Kong’s First Tokenized Fund - TLDR

    Franklin Templeton debuts Hong Kong’s first tokenized fund using blockchain-based i... - blockonomi.com/franklin-temple #hongkongmonetaryauthority #franklintempleton #fintech #hkma

  5. Hong Kong Advances Digital Money Strategy as HKMA’s e-HKD Pilot Programme Enters Phase Two - The Hong Kong Monetary Authority (HKMA), with analytical support from Deloitte, ha... - cryptonews.com/news/hong-kong- #blockchainnews #deloitte #hongkong #news #hkma

  6. Hong Kong Advances Digital Money Strategy as HKMA’s e-HKD Pilot Programme Enters Phase Two - The Hong Kong Monetary Authority (HKMA), with analytical support from Deloitte, ha... - cryptonews.com/news/hong-kong- #blockchainnews #deloitte #hongkong #news #hkma

  7. Chainlink Powers Cross-Chain e-HKD Settlement With Fidelity and ANZ - TLDR:

    Chainlink’s CCIP powered cross-chain settlement in Hong Kong’s e-HKD Phase 2 pilot... - blockonomi.com/chainlink-power #tokenizedassets #blockchain #chainlink #fidelity #fintech #crypto #e-hkd #defi #cbdc #hkma #anz

  8. Chainlink Powers Cross-Chain e-HKD Settlement With Fidelity and ANZ - TLDR:

    Chainlink’s CCIP powered cross-chain settlement in Hong Kong’s e-HKD Phase 2 pilot... - blockonomi.com/chainlink-power #tokenizedassets #blockchain #chainlink #fidelity #fintech #crypto #e-hkd #defi #cbdc #hkma #anz

  9. Over 40 Firms Prepping for Hong Kong Stablecoin License Applications: Report - Hong Kong’s stablecoin licensing regime, set to begin on August 1, is drawing significant... - coindesk.com/policy/2025/07/08 #stablecoins #hongkong #policy #hkma #news

  10. Over 40 Firms Prepping for Hong Kong Stablecoin License Applications: Report - Hong Kong’s stablecoin licensing regime, set to begin on August 1, is drawing significant... - coindesk.com/policy/2025/07/08 #stablecoins #hongkong #policy #hkma #news

  11. 本地多間銀行遭詐騙攻擊 金管局提醒市民提高警覺
    香港金融管理局(金管局)近日接獲多間銀行報告,指出出現針對其客戶的欺詐網站及網上銀行登入畫面,提醒市民提高警覺 […]
    The post 本地多間銀行遭詐騙攻擊 金管局提醒市民提高警覺 appeared first on 香港 unwire.hk 玩生活.樂科技.
    #科技新聞 #HKMA #偽冒電郵 #欺詐
    unwire.hk/2024/12/10/hkma-phis

  12. The #HKMA cut its base rate by 50 bps to 5.25%, tracking the Fed's move. Major banks followed with rate cuts, but HKMA warns rates will stay relatively high. Investors expect the real estate market in Hong Kong to benefit more than in other Asian markets. #HongKong #Economy

  13. HKMA’s CBDC Project Ensemble Launches Sandbox, Focuses on Tokenized Assets Transactions - The Hong Kong Monetary Authority (HKMA) has launched a sandbox to its wholesale central ... - cryptonews.com/news/hkmas-cbdc #altcoinnews #sandbox #news #cbdc #hkma

  14. HKMA’s CBDC Project Ensemble Launches Sandbox, Focuses on Tokenized Assets Transactions - The Hong Kong Monetary Authority (HKMA) has launched a sandbox to its wholesale central ... - cryptonews.com/news/hkmas-cbdc #altcoinnews #sandbox #news #cbdc #hkma

  15. #Enforcement is key:

    #HongKong issues #generativeAI #guidelines to #banks to avoid bias against consumers
    "Banks looking to use GenAI in their prods shld follow a range of principles, incl'g ensur'g customers can choose to #optout of using e #technology & tt #AI models don't lead to unfair #bias or disadvantage certain #consumer groups, #HKMA said in a notice. Company boards & senior management shld also "remain #accountable for all e GenAI-driven decisions & processes""
    bangkokpost.com/business/gener

  16. Hong Kong launches generative AI Sandbox for finance sector - The HKMA collaborates with Cyberport to launch a generative AI sandbox, ... - cointelegraph.com/news/hong-ko #financialtechnology #gena.i.sandbox #aiinnovation #aiinfinance #cyberport #hongkong #fintech #hkma

  17. Hong Kong launches generative AI Sandbox for finance sector - The HKMA collaborates with Cyberport to launch a generative AI sandbox, ... - cointelegraph.com/news/hong-ko #financialtechnology #gena.i.sandbox #aiinnovation #aiinfinance #cyberport #hongkong #fintech #hkma

  18. Hong Kong’s ZA Bank Offers Reserve Bank Services for Stablecoin Issuers - Hong Kong virtual bank, ZA Bank, on Friday, announced the roll out of reserve bank servic... - cryptonews.com/news/hong-kongs #altcoinnews #hongkong #zabank #news #hkma

  19. Hong Kong’s ZA Bank Offers Reserve Bank Services for Stablecoin Issuers - Hong Kong virtual bank, ZA Bank, on Friday, announced the roll out of reserve bank servic... - cryptonews.com/news/hong-kongs #altcoinnews #hongkong #zabank #news #hkma

  20. #HKMA keeps base rate at 5.75%, tracking the #Fed. High rates may persist amid mixed data & #inflation. HK markets stable. #HSBC holds lending rate at 5.875%. HK monetary policy follows USD peg. #HongKong #HKD #Fed #InterestRates

  21. HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability - The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to... - cryptonews.com/news/hkma-estab #altcoinnews #e-hkd #news #cbdc #hkma

  22. HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability - The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to... - cryptonews.com/news/hkma-estab #altcoinnews #e-hkd #news #cbdc #hkma

  23. Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers - ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institu... - news.bitcoin.com/hong-kongs-za #cryptocurrency #stablecoins #hongkong #finance #crypto #zabank #hkma

  24. Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers - ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institu... - news.bitcoin.com/hong-kongs-za #cryptocurrency #stablecoins #hongkong #finance #crypto #zabank #hkma

  25. Hong Kong Launches Second Phase of Its CBDC Pilot Program - The Hong Kong Monetary Authority announced the launch of the second phase of the p... - news.bitcoin.com/hong-kong-lau #cryptocurrency #hongkong #crypto #e-hkd #news #cbdc #hkma

  26. Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases - Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), announced today the la... - cryptonews.com/news/hong-kong- #blockchainnews #hongkong #e-hkd #news #hkma