Dr. Xiao Feng says China's crypto re-entry will begin with stablecoins, followed by real-world assets and potential Bitcoin adoption.
Stablecoins are infrastructure, not payment tools, enabling real-time, peer-to-peer financial systems on public blockchains.
Hong Kong’s strict AML focus positions it as Asia’s digital finance hub, balancing decentralization with regulated application layers.
Dr. Xiao Feng of HashKey Group, often dubbed as The Father of China’s Blockchain, warns that cryptocurrency hype far exceeds regulatory reality in Asia’s emerging markets.
The influential CEO argues stablecoins aren’t payment tools but represent a fundamental reimagining of global financial infrastructure.
