🇨🇳 CFX +350% since June 22 (updated December 2024 high)
Today, a closed technical briefing will take place at HKMA, where the regulator will clarify the final rules for stablecoin issuers to obtain licenses.
Key points:
- Stablecoins (from August 1)
- CFX featured on Chinese TV
- Offshore yuan
The token is traded on exchanges OKX and MEXC. 🚀
👉 Minor adoption impact: HKMA's stablecoin rules are noise (sub-federal, no immediate spot flows); watch Sep 15 HKMA licence approvals for Asian settlement shifts.
