Huang Jianbin, Chairman and CEO of Code Coin, said that stablecoins are of great significance in the web3.0 era. Their crossborder settlement function is convenient to use, legal and compliant. the web3.0 world. As an international financial center, Hong Kong can make full use of its foreign exchange reserve advantages and the results of defending the Hong Kong dollar linked exchange rate system in 1998 to launch the Hong Kong dollar stablecoin.
In addition, through a reasonable regulatory sandbox mechanism, highquality institutions with successful experience will be introduced to tap the potential of the Hong Kong dollar stablecoin in crossborder settlement, enhance iceland phone number list Hong Kong's financial service capabilities in the web3.0 field, and further consolidate Hong Kong's position as an international financial center. Code Coin hopes to leverage its shareholders' overseas user scenario advantages and the management team's successful experience in the field of financial technology to develop stablecoin business in Hong Kong within a compliance framework in the future, and to help the development of Hong Kong and the Hong Kong dollar in the financial field.
Feng Xingke, SecretaryGeneral of the World Financial Forum and Director of the BRICS Think Tank, said that under the current international and domestic situation, although the construction of Hong Kong as an international financial center is challenging, it also faces unprecedented opportunities. The financial industry is a pillar industry of Hong Kong's economy.