Dean of China (Hong Kong) Institute of Financial Derivatives Investment: The digital asset market will usher in a blowout."
According to online reports, according to the Beijing Business Daily, Wang Hongying, president of the China (Hong Kong) Institute of Financial Derivatives Investment, pointed out that the recent continuous rise in Hong Kong stocks 'stablecoin concept stocks is mainly driven by two major factors: First, the introduction of stablecoin-related regulations in several overseas markets, including Hong Kong, provides a legal basis for market development; Second, as an innovative data asset for the global digital economy, stablecoins are based on stable cash flow, stable operations and blockchain encryption technology binding of enterprises, making corporate assets globally tradable and priceable. Wang Hongying further stated that the world economy will face a blowout trend in terms of data assets. Virtual assets represented by stablecoins will follow this trend, and the scale of global transactions is expected to further expand. Brokers applying for virtual asset trading licenses can improve the valuation, pricing, and trading of virtual assets such as stablecoins in the context of the development of the digital economy, thus bringing about an increase in business and scale.
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