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#hkma — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #hkma, aggregated by home.social.

  1. Standard Chartered-Backed Venture Rolls Out Hong Kong Dollar Stablecoin. Retail Access Could Follow.

    Standard Chartered-backed Anchorpoint Financial has begun rolling out a regulated Hong Kong dollar stablecoin, initially giving institutional distributors…
    #EuropeSays #Britain #Europe #EU #StandardChartered #AnchorpointFinancial #HKDAP #HKMA #HongKongdollar #HongKongstablecoin #stablecoins #standardchartered #tokenizedmoney
    europesays.com/britain/102210/

  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. 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

  4. 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

  5. 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

  6. 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

  7. Scott Bessent ‘Would Not Be Surprised’ If China Was Building Digital Assets Backed By Gold

    Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #China #CynthiaLummis #digitalassets #digitalyuan #financialinnovations #HKMA #hongkong #realestate #scottbessent #SenateBankingCommittee
    newsbeep.com/us/456337/

  8. Scott Bessent ‘Would Not Be Surprised’ If China Was Building Digital Assets Backed By Gold

    Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building…
    #NewsBeep #News #Economy #Business #China #CynthiaLummis #digitalassets #digitalyuan #financialinnovations #HKMA #HongKong #realestate #ScottBessent #SenateBankingCommittee #UK #UnitedKingdom
    newsbeep.com/uk/414559/

  9. Hong Kong, Switzerland strengthen wealth management partnership | Wealth Management

    HKMA and Swiss finance officials join industry leaders to discuss AI, virtual assets and cross-border collaboration as partnership…
    #Switzerland #CH #Europe #Europa #EU #HKMA #Nachrichten #Nouvelles #schweiz #Suisse #switzerland #wealth
    europesays.com/2750741/

  10. Hong Kong, Switzerland strengthen wealth management partnership | Wealth Management byteseu.com/1768554/ #HKMA #Switzerland #wealth

  11. Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

    When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in…
    #NewsBeep #News #Economy #AI #Asean #Avax #Bitcoin #Business #China #ChristopherHuiChing-yu #EddieYueWai-man #ether #fintech #FintechWeek #GreaterBayArea #HKMA #HongKong #HSBC #Singapore #UK #UnitedKingdom
    newsbeep.com/uk/290689/

  12. Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

    When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #ASEAN #Avax #bitcoin #Business #China #ChristopherHuiChing-yu #EddieYueWai-man #ether #FinTech #FintechWeek #GreaterBayArea #HKMA #hongkong #HSBC #Singapore
    newsbeep.com/us/320865/

  13. Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

    When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #ASEAN #Avax #bitcoin #Business #China #ChristopherHuiChing-yu #EddieYueWai-man #ether #FinTech #FintechWeek #GreaterBayArea #HKMA #hongkong #HSBC #Singapore
    newsbeep.com/us/320865/

  14. Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

    When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in…
    #NewsBeep #News #Economy #AI #ASEAN #AU #Australia #Avax #bitcoin #Business #China #ChristopherHuiChing-yu #EddieYueWai-man #ether #fintech #FintechWeek #GreaterBayArea #HKMA #HongKong #HSBC #singapore
    newsbeep.com/au/316850/

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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

  21. 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

  22. 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

  23. 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

  24. 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

  25. 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

  26. 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

  27. 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

  28. 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

  29. 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

  30. 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