Hong Kong believes stablecoin volatility can spillover to traditional finance

Dato · 11-22-2022, 02:52 PM

Hong Kong believes stablecoin volatility can spillover to traditional finance

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvYjczY2QzOWQtNzMwMS00MWMwLWJkMGEtNTExMmRkZGMwNjU2LmpwZw==.jpg"></p><p>According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.</p>

https://cointelegraph.com/news/hong-kong...al-finance

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’	Dato	0	193	08-12-2023, 06:50 AM Last Post: Dato
	Hong Kong securities regulator issues in-principle approval to HKVAX	Dato	0	189	08-11-2023, 08:10 PM Last Post: Dato
	Meet PYUSD: PayPal Launches Dollar-Backed Stablecoin for Crypto Payments	Andy	0	201	08-10-2023, 08:18 AM Last Post: Andy
	Maple Finance secures SEC exemption for on-chain Treasury pools	Dato	0	119	08-10-2023, 08:18 AM Last Post: Dato
	Prosecutors will still consider Sam Bankman-Fried’s alleged campaign finance schem	Dato	0	120	08-09-2023, 05:25 AM Last Post: Dato