Hong Kong Stablecoins Poised to Serve as a Cross-Border Payment Tool

Hong Kong stablecoins poised to serve as a cross-border payment tool

‘Stablecoins have the potential to shorten the time for cross-border payment from days to minutes,’ Jingdong Coinlink’s Teddy Liu says.

China's CITIC Securities sees HK stablecoin laws boosting Chinese RWA tokenization - Ledger Insights - blockchain for enterprise

Earlier this week CITIC Securities, China’s largest securities company, published a research note regarding Hong Kong enacting stablecoin laws in late May. It views stablecoins as supporting the expansion of real world asset (RWA) tokenization. A key takeaway is that Hong Kong stablecoins will expand the tokenization activities of firms from mainland China, especially in […] The post China’s CITIC Securities sees HK stablecoin laws boosting Chin…

Hong Kong SFC Plans Approval Of Digital Asset Derivatives Trading For Investors

Hong Kong SFC will introduce digital asset derivatives trading for professional investors. Hong Kong targets global fintech firms by offering tax concessions for digital assets activity. Hong Kong now hosts over 1,100 fintech firms, including 10 regulated virtual asset platforms. Hong Kong is moving to introduce digital asset derivatives trading for professional investors as it seeks to expand its position in the global virtual asset market. The…

MANSA’s CEO on How Hong Kong Can Win the Stablecoin Race

As Hong Kong speeds up its journey to become Asia’s premier digital asset hub, recent news has mainly spotlighted its new stablecoin licensing framework. However, a more fundamental question lies beneath this policy initiative: What infrastructure is necessary to realize this goal on a larger scale? In a recent review, Mouloukou Sanoh, CEO of the stablecoin infrastructure platform MANSA, presents a strategic roadmap in an article titled “Beyond …