By Aileen Chuang
Hong Kong will facilitate more use cases for stablecoins and other tokenised financial products, part of the city’s effort to build a trusted and sustainable digital-asset market that can tackle real-world economic problems, said the architect of the strategy.
Eleven cryptocurrency exchanges have been licensed by the Securities and Futures Commission to operate in Hong Kong, a sea change over three short years after a raft of policies, regulations and guidelines were put in place to put the city…