TechFlow news, on June 3, according to Jinshi Data, a research report from CITIC Securities stated that recently both Hong Kong and the United States have advanced legislation processes for stablecoin-related bills to varying degrees. Stablecoins can provide a stable-value transaction method for RWA tokenized assets, enhance market liquidity, and help promote the further implementation of mainland enterprises' RWA issuance projects in Hong Kong. Meanwhile, stablecoin legislation is expected to indirectly boost the development of digital currency-related payment and settlement interfaces in Hong Kong's financial industry. Financial IT companies with experience in cross-border settlement of digital currencies/digital yuan and supply chain finance projects are expected to benefit.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
