Hong Kong Taxis Test Stablecoins as China Plans Crypto Invasion
Hong Kong’s stablecoin adoption is actually accelerating right now as the city’s taxi industry gets pushed into embracing digital payments, and this is signaling China’s strategic crypto reentry through regulated channels. Starting April 1, Hong Kong’s cash-loving cabbies have been required to offer digital payment alternatives, which creates the perfect testing ground for China crypto reentry initiatives along with regulated stablecoins Asia deployment.
How Hong Kong Stablecoin Adoption Signals China’s Crypto Reentry
The timing of Hong Kong stablecoin adoption actually coincides with new licensing requirements that were launched on…
