TechFlow news, June 22 — According to Hong Kong media station Metro Finance, Legislative Council member Eric Kwong stated regarding the passage of the stablecoin bill draft establishing a licensing regime for stablecoin issuers that Hong Kong has significant room for developing stablecoins, which will eventually integrate innovative finance with the real economy, bringing more value-added and entrepreneurial opportunities. However, while welcoming internet companies and financial institutions planning to issue stablecoins in Hong Kong, Kwong urged retail investors not to be greedy, to fully understand investment risks, and to remain cautious when investing.
Add to Favorites
Share to Social Media
