Jingdong Coin Chain Technology CEO: Whether offshore RMB stablecoins can take place still depends on mainland supervision
According to online reports, Liu Peng, CEO of Jingdong CoinLink Technology, recently accepted an exclusive interview with Bloomberg Businessweek/Chinese Edition that at the product technology level, there is little difference between issuing offshore RMB stablecoins and Hong Kong dollar stablecoins. Moreover, potential application scenarios for offshore RMB stablecoins are already available, such as the Belt and Road Initiative. Jingdong Coin Chain has always supported and promoted the issuance of offshore RMB stablecoins in the future. However, we not only need to consider business logic, but also make comprehensive considerations from aspects such as legal compliance. In the end, whether offshore RMB stablecoins can be implemented still depends on mainland supervision.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.