According to PANews on July 31st, Song Ke, Executive Vice President of the Shenzhen Research Institute of Renmin University of China, stated that Hong Kong's Stablecoin Ordinance is the world'sAccording to PANews on July 31st, Song Ke, Executive Vice President of the Shenzhen Research Institute of Renmin University of China, stated that Hong Kong's Stablecoin Ordinance is the world's

Song Ke, Executive Vice President of the Shenzhen Research Institute of Renmin University of China: Hong Kong dollar stablecoin provides more possibilities for the cross-border application of digital

2025/07/31 14:04
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

According to PANews on July 31st, Song Ke, Executive Vice President of the Shenzhen Research Institute of Renmin University of China, stated that Hong Kong's Stablecoin Ordinance is the world's first comprehensive regulatory framework for fiat stablecoins. Globally, the ordinance has a demonstrative effect on stablecoin policymaking. He believes that the implementation of the Stablecoin Ordinance will enable relevant institutions to quickly translate the experience accumulated from previous pilot programs into actual products, accelerating the formation of a stablecoin ecosystem in Hong Kong. Furthermore, by promoting the digital RMB and the Hong Kong dollar stablecoin, reliance on the US dollar clearing and settlement system can be gradually reduced.
Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.0001397
$0.0001397$0.0001397
+4.40%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
XRP Open Interest Splits Across Exchanges as Evernorth Plans Historic Nasdaq Treasury Debut

XRP Open Interest Splits Across Exchanges as Evernorth Plans Historic Nasdaq Treasury Debut

TLDR: Binance recorded the highest XRP open interest gain of approximately 188.7 million XRP in 30 days. Evernorth holds roughly 473 million XRP and is merging
Share
Blockonomi2026/03/19 23:16
XRP Price Prediction: Ripple Eyes $1.50 Breakout as Technical Indicators Show Mixed Signals

XRP Price Prediction: Ripple Eyes $1.50 Breakout as Technical Indicators Show Mixed Signals

XRP trades at $1.43 with neutral RSI at 49.65. Technical analysis suggests potential breakout to $1.50 resistance or retest of $1.40 support in coming weeks. (Read
Share
BlockChain News2026/03/19 23:29