Consensus building: crypto conference arrives in Hong Kong in test for city and CoinDesk

Quick Summary:

Hong Kong is leaning into its role in traditional finance as it courts Web3 enthusiasts to the city for CoinDesk’s Consensus Hong Kong.

Hong Kong is readying stablecoin regulations that will be overseen by the city’s de facto central bank, the Hong Kong Monetary Authority.

One of the hottest topics in the industry right now is stablecoins, which are pegged to fiat currencies such as the US dollar and therefore have more traditional finance applications than other cryptocurrencies.

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Article Details

Author / Journalist: Matt Haldane

Category: Technology

Markets: Hong Kong

Topics: Events Investhk Consensus Industry Financial Kong Leung Traditional City’s Head Hong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 07:00:12 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 39 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 26205496

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