Guojin Securities: Zhongan Bank is the first digital bank in Hong Kong to provide reserve banking services to stablecoin issuers and maintains its buy rating
Internet reports that the Legislative Council of the Hong Kong Special Administrative Region has passed the "Stabilizing Coin Bill". Guojin Securities analysis pointed out that Zhongan Bank is the first digital bank in Hong Kong to provide reserve banking services to stablecoin issuers, and the first in Asia to provide retail users. Banks with cryptocurrency trading services are expected to cooperate more with digital asset exchanges and stablecoin issuers in the future to maintain Zhongan Online's "buy" rating.
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