Hong Kong ETFs opens the ‘door’ to Chinese RMB holders, issuers say
Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the doors for mainland Chinese investment in the future. Go to Source
Mainland
Auto Added by WPeMatico
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, … Read more
