Day: July 11, 2025
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China's RMB Stablecoin Vision Takes Shape — With Shanghai and Hong Kong Leading the Charge
As Hong Kong prepares to implement its new Stablecoin Regulatory Regime on August 1, momentum is building on both sides of the border. Recent signals from China’s central bank and top financial think tanks point toward a coordinated model that links onshore innovation in Shanghai with offshore experiments in Hong Kong.