Hong Kong Monetary Authority CEO Calls for Caution in Stablecoin Development Amid Hype

Tag : bitcoin
Tag : bitcoin official
Hong Kong Monetary Authority CEO Calls for Caution in Stablecoin Development Amid Market HypeEddie Yue, CEO of the Hong Kong Monetary Authority (HKMA), addressed the need for a cautious approach to the development of stablecoins in Hong Kong, emphasizing the importance of avoiding excessive hype surrounding these emerging financial instruments. In his remarks, Yue highlighted concerns about the gap between theoretical discussions and practical applications, noting that many […]
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