Hong Kong’s bold plan with Yuan-linked stablecoins

The Hong Kong General Chamber of Commerce (HKGCC) has put forward recommendations for the upcoming budget, advocating the introduction of Chinese yuan-linked stablecoins as part of the region’s financial landscape. These proposals come amidst efforts to enhance Hong Kong’s economic environment and address manpower shortages. The HKGCC, in a statement released on Tuesday, emphasized the […] source: https://www.cryptopolitan.com/hong-kongs-plan-with-yuan-linked-stablecoins/