Potential Strong Demand for Hong Kong Dollar-Pegged Stablecoins Among Investors, Says InvestHK Official

Thursday, 28 March 2024, 10:02
In a recent statement, an InvestHK official highlighted the potential for regulated HKD-pegged stablecoins to attract significant interest from institutional investors. The discussion underscores the growing importance of stablecoins and regulatory compliance in the financial markets. The comments suggest a favorable market outlook for stablecoins with Hong Kong dollar pegs, particularly among 'old money' investors.
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Potential Strong Demand for Hong Kong Dollar-Pegged Stablecoins Among Investors, Says InvestHK Official

InvestHK Official Discusses Demand for HKD-Pegged Stablecoins

An official from InvestHK mentioned that there could be strong interest from institutional investors in potential Hong Kong dollar-pegged stablecoins. The official emphasized the appeal of regulated stablecoins as a preference for 'old money' investors.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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