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In the days after Hong Kong passed a bill to regulate stablecoins on May 21, people in the industry celebrated the government ...
The Hong Kong dollar edged closer to the weak end of its trading range as sliding local interest rates encouraged traders to ...
Hong Kong's legislature passed a stablecoin bill on Wednesday that establishes a licensing regime for fiat-referenced ...
Stablecoins like USDT (USDT) and USD Coin (USDC) offer the advantage ... have publicly disclosed plans to issue Hong Kong dollar-pegged stablecoins, one may wonder whether local issuers would ...
The city’s currency is confined to a trading band of 7.75 to 7.85 per US dollar. The funding squeeze also has resulted in Hong Kong interest rates, which typically move in tandem with their US ...
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