Hong Kong Insurers to Invest in Crypto, Stablecoins
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays
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Hong Kongs Insurance Authority proposes rules allowing insurers to invest in cryptocurrencies, with strict reserves required for direct crypto investments. Stablecoins receive a more lenient approach. Public consultation begins in February, with potential stablecoin licenses in early 2026, potentially boosting Hong Kongs crypto hub status.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
