Cryptocurrency and blockchain proponents have written a report calling on the Hong Kong authorities to difficulty a regional dollar-pegged stablecoin, which may problem the dominance of the Hong Kong authorities. be.

In keeping with the English translation of the July 3 report, supplied Chinese language Cryptocurrency Reporter Colin Wu, by 4 Folks Concerned in Monetary Innovation was urged The federal government is issuing the HKDG (Hong Kong Greenback Authorities) stablecoin to help management efforts within the digital financial system. Wang Yang, Vice President for Institutional Improvement, The Hong Kong College of Science and Know-how. Cai Wensheng, founding father of smartphone software program firm Meitu. Lei Zhibin, honorary chairman of the Hong Kong Blockchain Affiliation. and doctoral pupil Wen Yizhou co-authored this paper.

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