CASS economist calls for prompt stablecoin legislation and phased rollout of “long-arm jurisdiction” for cryptocurrencies in Web3 finance regulation.| www.eastisread.com
Issuance and circulation of yuan-backed stablecoins within the Chinese mainland are infeasible; Hong Kong presents a useful proving offshore market, said the experts.| The East is Read
CASS economist advocates steadfast internationalisation of the renminbi while utilising Hong Kong’s offshore market to develop renminbi stablecoins.| The East is Read