The Hong Kong Civic Party proposed six major recommendations to support Hong Kong in building a global stablecoin issuance center.

NonFungibleDegen · 2025-06-21T11:00:35+00:00

[Chain News] On June 21, news from Hong Kong's Ta Kung Pao reported that the Hong Kong Association for Democracy and People's Livelihood released a research report on building a global stablecoin issuance center, proposing six strategic recommendations to support the construction of a global stablecoin issuance center:1. Build a global stablecoin issuance center;2. Improve regulatory protection against risks and enhance the efficiency of pilot projects;3. Develop offshore RMB stablecoin;4. Expand the scale of the Hong Kong RMB fund pool;5. Promote major colleges and universities to strengthen financial technology courses;6. Establish a High-level Financial Development Committee to coordinate and communicate with mainland financial departments to explore in-depth financial connectivity between the two regions.

NonFungibleDegen

2025-06-21 11:00:35

[Chain News] On June 21, according to Hong Kong’s Ta Kung Pao, the Hong Kong Association of Financial Services has released a research report on building a global stablecoin issuance center, proposing six strategic recommendations to support the construction of a global stablecoin issuance center:

Build a global stablecoin issuance center;
Improve regulatory protective measures to enhance the efficiency of pilot projects;
Develop offshore RMB stablecoin;
Expand the size of the Hong Kong RMB fund pool;
Promote major universities to strengthen financial technology courses;
Establish a High-level Financial Development Committee to coordinate and communicate with the financial departments in the mainland to explore in-depth the financial interconnection between the two regions.

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