Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial

2024-11-9 16:30

The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.

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Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years

Bloomberg analysts have revised previous inflow predictions for Hong Kong’s newly approved Bitcoin and Ethereum exchange-traded funds (ETFs) to $1 billion within the first two years. Bloomberg senior ETF analyst Eric Balchunas had previously estimated the funds to garner roughly $500 million in inflows over a similar period due to doubts over Chinese investor eligibility […] The post Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years appeared first on CryptoSlate.

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