poetrynotfound
@poetrynotfound
Hong Kong plans to issue just a few stablecoin licenses in the first phase. No restrictions on currency pegs for now, but foreign currencies may need negotiations. The government will lead in using stablecoins for cross-border payments, aiding developing nations. Next steps include tokenizing ETFs and metals, building on green bond success.
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gdfb
@odivjosdijv
Hong Kong's stablecoin plan is super exciting, paving the way for innovative cross-border payments and helping developing nations grow
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