Circle’s Allaire Sees Hong Kong as Key Stablecoin Market

Quick Summary:

Jeremy Allaire, CEO and co-founder of Circle, sees Hong Kong as a key market for the company’s stablecoin, USDC.

Allaire announced Circle’s plans to expand its presence in Hong Kong, potentially hiring more staff and establishing local operations.

However, Circle is waiting for clarity on Hong Kong’s upcoming stablecoin regulations before deciding whether to pursue […]

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: IndiaChinaHong Kong

Topics: Market News Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 06:52:00 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 141 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23392185

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 9 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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Publisher ID: #124

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