Aggregating news

News

Significance:

6/10

Chinese firms may face limits on stablecoin activity in Hong Kong: Report

https://cointelegraph.com/news/china-restricts-hong-kong-stablecoin-activity

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Adrian Zmudzinski, Helen Partz

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Mentions

Organizations

Hong Kong Monetary Authority,

Industrial and Commercial Bank of China,

China Merchants Bank,

Ant International,

Regions

Code	Name
HK	🇭🇰Hong Kong
CN	🇨🇳China

Sentiments

Target	Sentiment	Comment
🇭🇰 Hong Kong	Bullish	Hong Kong is easing capital requirements for banks handling crypto, promoting investments in digital assets.
🇨🇳 China	Bearish	Chinese regulators are restricting mainland firms from engaging in stablecoin and crypto activities in Hong Kong.