According to Hong Kong media reports, Hong Kong plans to submit a stablecoin issuer supervision system bill to the Legislative Council this year. Jeremy Allaire, co-founder and chief executive of Circle, the world's second largest stablecoin issuer, said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is waiting for the introduction of Hong Kong's new stablecoin regulations. After understanding the regulations, it will consider applying for a license.
In addition, Chen Qinqi, Vice President of Circle Asia Pacific, said that Hong Kong has great advantages in developing stablecoins, including the ability to settle in US dollars on the same day, and it is also the largest capital market in the Asia-Pacific region. Coupled with factors such as backing the mainland market, Hong Kong has the opportunity to develop into an international stablecoin center. It is believed that there will be considerable market demand for the Hong Kong version of stablecoins.
US dollar stablecoin USDC issuer Circle: Intending to establish a business in Hong Kong and considering applying for a license
2024-11-04 01:56:42
According to Hong Kong media reports Hong Kong plans to submit to the Legislative Council this yeardesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美元稳定币USDC发行商Circle联创：有意在香港建立业务并考虑申请牌照Next article：
Circle：港府有意发展资本市场代币化，稳定币监管咨询期曾为金管局提供意见
