logo

Chairman of Hong Kong Financial Development Board: Stablecoin should not become a speculative target, believe there will be "tokenization" of various assets

By: theblockbeats.news|2025/07/20 10:51:43

BlockBeats News, July 20th. According to the Hong Kong Economic Times, on the eve of the implementation of the Hong Kong "Stablecoin Regulation" on August 1st, dozens of companies have expressed their intention to apply for or participate in the stablecoin business. When hosting the annual report release conference, Norman Chan, Chairman of the Hong Kong Monetary Authority, stated that stablecoins should not be speculative instruments. The digitization of asset markets is a long-term strategic move, and stablecoins should play a stabilizing role. One should not have a short-term perspective. He believes that Hong Kong's current development pace is among the leading group in other financial centers.


Norman Chan, who also serves as the CEO of Standard Chartered's international business, mentioned that, to his knowledge, the Monetary Authority will only start accepting issuer applications in August. Stablecoins are one aspect of the digitization of Hong Kong's financial market, allowing the tokenization of transaction currencies. He believes that the next step will involve the tokenization of different assets. However, the development process takes time and will not lead to a comprehensive "tokenization" of Hong Kong within 24 hours.

Ne Manquez Pas ! Comment BIP-177 Peut Transformer Bitcoin et l’Industrie Crypto avec WEEX
Prédiction de Prix et Prévisions pour yearn.finance(YFI) Coin : Une Hausse de 15% à 5 900 $ d’ici Juin 2025 – Atteindra-t-il 6 000 $ Ensuite ?

Vous pourriez aussi aimer

Partager
copy

À la hausse

Dernières actus crypto

05:23

Aave Founder: Relancera ETHLend en 2026

04:28

Eugène: Ayant appris de la pêche de fond précoce, actuellement en mode attentiste

04:26

Analyse : Powell n'est pas le plus grand obstacle aux baisses de taux, le mécanisme de consensus interne de la Fed est au bord de l'effondrement

04:23

Cardano Chain Fork en raison d'une erreur de l'opérateur de pool de pieu n'entraîne pas de perte de fonds utilisateur

04:21

Foreign Media Report: Le gouvernement américain envisage d'autoriser NVIDIA à vendre une puce H200 à la Chine

Lire plus
Communauté
icon
icon
icon
icon
icon
icon
icon

Assistance client@weikecs

Collaborations commerciales@weikecs

Trading quantitatif/Market makers[email protected]

Programme VIP[email protected]