Explainer | What to know about stablecoins after Hong Kong passes law to regulate the popular tokens

Explainer | What to know about stablecoins after Hong Kong passes law to regulate the popular tokens

The cryptocurrency industry has continued to advance, with bitcoin prices hitting a record high earlier this week. Stablecoins have come under the spotlight as regulators in Hong Kong and the US push for legislation for the popular tokens. Here we answer five common questions about stablecoins. What are stablecoins and how are they used? Stablecoins…

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Hong Kong urged to boost capital flow with mainland China for global market access

Hong Kong urged to boost capital flow with mainland China for global market access

A more liberal exchange of capital between the mainland and Hong Kong should be facilitated to enhance the city’s international competitiveness and allow China to participate more freely in the world’s markets, panellists told the China International Finance Forum on Wednesday. “We need stronger policy initiatives to support freer capital flow between Hong Kong, the…

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