November 8, 2024

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Hong Kong watchdog aims to restrict retail traders to liquid products

1 min read
Hong Kong watchdog aims to restrict retail traders to liquid products

The new licensing program, 

Digital assets have recently been a hot topic in the special administrative region. On Jan. 5, a Hong Kong official floated the idea of turning the Hong Kong digital dollar into a stablecoin. Wu Jiezhuang, a legislative council member, believes this could address risks linked to digital assets in Web3.