{"id":139083,"date":"2025-10-25T06:00:17","date_gmt":"2025-10-25T06:00:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=139083"},"modified":"2025-10-25T06:00:17","modified_gmt":"2025-10-25T06:00:17","slug":"why-chinas-pause-on-stablecoins-will-not-dampen-hong-kongs-digital-asset-hub-push","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=139083","title":{"rendered":"Why China\u2019s pause on stablecoins will not dampen Hong Kong\u2019s digital asset hub push"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostBeijing\u2019s recent moves to rein in mainland Chinese firms\u2019 stablecoin and tokenisation initiatives in Hong Kong may have rattled the city\u2019s crypto sector, but the Chinese government\u2019s increased openness to digital assets overall had not changed amid competition with the US, experts said.<br \/>\nThe People\u2019s Bank of China (PBOC) recently summoned a number of mainland firms under its jurisdiction, asking them to wait for its instructions before moving forward with their stablecoin initiatives in Hong&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/blockchain\/article\/3330221\/chinas-pause-stablecoin-projects-will-not-dampen-hong-kongs-crypto-push-experts-say?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostBeijing\u2019s recent moves to rein in mainland Chinese firms\u2019 stablecoin and tokenisation initiatives in Hong Kong may have rattled the city\u2019s crypto sector, but&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/139083"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139083"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/139083\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139083"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}