According to a report by the Hong Kong Economic Journal, Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, stated that Hong Kong is an important market for USDC. The company intends to hire more employees and establish operations in Hong Kong. They are currently waiting for the new stablecoin regulations in Hong Kong to understand the rules before considering applying for a license. Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day US dollar settlements. It is also the largest capital market in the Asia Pacific region, and there is a belief that a Hong Kong version of the stablecoin will have considerable market demand.

According to reports, USDC stablecoin issuer Circle plans to expand its business presence in Hong Kong. Circle co-founder and CEO Jeremy Allaire stated that Hong Kong is an important market for USDC, and the company intends to hire more employees and establish a business network in Hong Kong. He revealed that Circle is closely monitoring the new stablecoin legislation being drafted in Hong Kong, and will decide whether to apply for a license after the government submits the relevant system to the Legislative Council by the end of the year. Allaire hopes that the Hong Kong Monetary Authority (HKMA) will provide a clear regulatory framework for stablecoin issuers to facilitate compliant business expansion.

USDC

PANews, November 4th, reports that USDC stablecoin issuer Circle plans to expand its business presence in Hong Kong. Circle co-founder and CEO Jeremy Allaire stated that Hong Kong is an important market for USDC, and the company intends to hire more employees and establish a business network in Hong Kong. He revealed that Circle is closely monitoring the new stablecoin legislation being drafted in Hong Kong, and will decide whether to apply for a license after the government submits the relevant system to the Legislative Council by the end of the year. Allaire hopes that the Hong Kong Monetary Authority (HKMA) will provide a clear regulatory framework for stablecoin issuers to facilitate compliant business expansion.

Circle plans to expand its business presence in Hong Kong

According to TechFlow news on November 4, it is reported by Finance News that the Hong Kong government aims to submit a regulatory framework for stablecoin issuers to the Legislative Council for review by the end of the year, and there are international large stablecoin issuers expressing interest in this. Jeremy Allaire, co-founder and CEO of Circle, the issuer of the world's second-largest stablecoin USDC, stated that Hong Kong is an important market for USDC, and they intend to hire more employees and establish business operations in Hong Kong, waiting for the new stablecoin regulations to be introduced before considering applying for a license. Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day USD settlements, being the largest capital market in the Asia-Pacific region, and the support from the mainland market. He believes that Hong Kong has the opportunity to develop into an international stablecoin center and is confident that there will be considerable market demand for the Hong Kong version of the stablecoin.

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<p>According to TechFlow news on November 4, as reported by financial news sources, the Hong Kong government aims to submit a stablecoin issuer system for legislative council review by the end of the year, with interest expressed by international large stablecoin issuers. Jeremy Allaire, co-founder and CEO of Circle, the issuer of the world's second-largest stablecoin USDC, stated that Hong Kong is an important market for USDC, and they are looking to hire more staff and establish operations in Hong Kong, waiting for the new stablecoin regulations to be released before considering applying for a license.</p>
<p>Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, indicated that Hong Kong has significant advantages in developing stablecoins, including the ability for same-day USD settlement, being the largest capital market in the Asia-Pacific region, along with factors such as its backing by the mainland market. He believes that Hong Kong has the opportunity to develop into an international stablecoin hub and is confident that there will be considerable market demand for the Hong Kong version of stablecoin.</p>
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Circle Co-founder: Intends to Establish Business in Hong Kong, Will Consider License After Understanding New Stablecoin Regulations

BlockBeats reported on November 4 that Jeremy Allaire, co-founder and CEO of USDC issuer Circle, stated that Hong Kong is an important market for USDC. The company intends to hire more employees and establish a business in Hong Kong, awaiting the introduction of new stablecoin regulations before considering applying for a license after understanding the requirements. Additionally, Chen Qinqi, Vice President of Circle Asia-Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day USD settlement. It is also the largest funding market in the Asia-Pacific region, backed by the mainland market and other factors. He believes that Hong Kong has the potential to develop into an international stablecoin hub and is confident that there will be considerable market demand for the Hong Kong version of stablecoins.

<p>According to BlockBeats news on November 4, Jeremy Allaire, co-founder and CEO of USDC issuer Circle, stated that Hong Kong is an important market for USDC. The company intends to hire more employees and establish a business in Hong Kong, waiting for the new stablecoin regulations to be released before considering applying for a license. Additionally, Chen Qinqi, Vice President of Circle Asia-Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability for same-day U.S. dollar settlements. It is also the largest capital market in the Asia-Pacific region, backed by the mainland market, and believes that Hong Kong has the opportunity to develop into an international stablecoin center, with considerable market demand for a Hong Kong version of stablecoins.</p>

Circle Co-Founder: Intends to Establish Business in Hong Kong, Will Consider Applying for License After Understanding New Stablecoin Regulations

Chen Qinqi, Vice President of Circle Asia-Pacific, stated that the stablecoin system in Hong Kong is also being developed in accordance with international standards, and Circle provided input during the consultation period with the Monetary Authority. Chen revealed that the Hong Kong government intends to develop tokenization in the capital markets, and the company's technology is sufficient to provide related services for the financial industry. Circle's primary goal is to promote networked currency, which can be applied in exchanges, P2P, or electronic wallets, helping small and medium-sized enterprises reduce capital costs.

Odaily Planet Daily reports that Chen Qinqi, Vice President of Circle for the Asia-Pacific region, stated that Hong Kong's stablecoin system is also being developed in alignment with international standards. During the consultation period with the Monetary Authority, Circle provided feedback on how to integrate as an overseas issuer regulated by different countries within Hong Kong's environment and regulations. Circle is currently discussing relevant opportunities with various regulatory departments.

Additionally, Chen revealed that as an international financial center, Hong Kong's government also has plans to develop capital market tokenization, with benefits including visibility of trading data on the blockchain and reduced capital costs. The company’s technology is also capable of providing related services for the financial industry. For Circle, the main objective for the future is to promote networked currencies that can be applied in exchanges, P2P, or electronic wallets, allowing different companies to create their own use cases and help small and medium-sized enterprises reduce capital costs. (Ming Pao)

Circle Executives: The Hong Kong government intends to develop tokenization in the capital markets, and the company's technology is sufficient to provide related services for the financial industry.

Stablecoin issuer Circle said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is currently waiting for the introduction of new stablecoin regulations in HK and will consider applying for a license; HK has great advantages in developing stablecoins, including the ability to achieve same-day US dollar settlement and is also the largest capital market in the Asia-Pacific region. 

Wu said that according to a report, Circle co-founder and CEO Jeremy Allaire stated that Hong Kong is an important market for USDC, and the company intends to hire more employees and establish operations in Hong Kong. They are currently waiting for the new stablecoin regulations in Hong Kong to be released, and will consider applying for a license once they understand the regulations. Additionally, Circle's Vice President for the Asia-Pacific region, Chen Qinqi, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to conduct same-day USD settlements, and it is the largest capital market in the Asia-Pacific region. He believes that there will be considerable market demand for the Hong Kong version of stablecoins.

According to reports, Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, stated that Hong Kong is an important market for USDC. The company intends to hire more employees and establish operations in Hong Kong. They are currently awaiting the introduction of new stablecoin regulations in Hong Kong and will consider applying for a license after understanding the regulations. Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day USD settlements and being the largest capital market in the Asia-Pacific region. He believes that there will be considerable market demand for Hong Kong's version of stablecoin.

Circle co-founder: Intends to hire more employees and establish business in Hong Kong

The Hong Kong government aims to submit a stablecoin issuer system for legislative council review by the end of the year, and there is interest from major international stablecoin issuers. Jeremy Allaire, co-founder and CEO of Circle, the issuer of the world’s second-largest stablecoin USDC, stated that Hong Kong is an important market for USDC. Circle intends to hire more employees and establish a business in Hong Kong, waiting for the new stablecoin regulations to be released before considering applying for a license. Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day US dollar settlement. It is also the largest capital market in the Asia-Pacific region, coupled with the support from the mainland market. He believes there is an opportunity for Hong Kong to develop into an international stablecoin hub and is confident that the local stablecoin will have considerable market demand.

Odaily Planet Daily reports that the Hong Kong government aims to submit a stablecoin issuer system for legislative council review by the end of the year, with international large stablecoin issuers expressing interest. Jeremy Allaire, co-founder and CEO of Circle, the issuer of the world's second-largest stablecoin USDC, stated that Hong Kong is an important market for USDC and intends to hire more employees and establish a business in Hong Kong, waiting for the new stablecoin regulations to be released before considering applying for a license.

Additionally, Chen Qinqi, Vice President of Circle for the Asia-Pacific region, stated that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day USD settlements. It is also the largest capital market in the Asia-Pacific region, coupled with the support of the mainland market. He believes that Hong Kong has the opportunity to develop into an international stablecoin center and is confident that the Hong Kong version of stablecoin will see considerable market demand. (Xinbao)

Circle Co-founder: Intends to establish business in Hong Kong, will consider applying for a license after understanding the new stablecoin regulations.

According to Foresight News and a report by the Hong Kong Economic Journal, Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, stated that Hong Kong is an important market for USDC. He expressed the intention to hire more employees and establish operations in Hong Kong. Currently, they are waiting for the new stablecoin regulations in Hong Kong, and will consider applying for a license after understanding the rules. Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day USD settlement, and it is the largest capital market in the Asia-Pacific region. He believes that there will be considerable market demand for the Hong Kong version of stablecoins.

Circle co-founder: intends to hire more employees and establish business in Hong Kong

根据《香港经济日报》的报道，稳定币发行公司Circle的联合创始人兼首席执行官Jeremy Allaire表示，香港是USDC的重要市场。该公司计划在香港招聘更多员工并建立运营。目前，他们正在等待香港的新稳定币监管规定，以了解规则后再考虑申请许可证。此外，Circle亚太区副总裁陈青琪提到，香港在发展稳定币方面具有显著优势，包括实现同日美元结算的能力。香港还是亚太地区最大的资本市场，市场普遍认为香港版稳定币将会有相当大的市场需求。

Circle的联合创始人表示，计划雇佣更多员工并在香港开展业务。

根據《香港經濟日報》的報道，穩定幣發行公司Circle的聯合創始人兼首席執行官Jeremy Allaire表示，香港是USDC的重要市場。該公司計劃在香港招聘更多員工並建立運營。目前，他們正在等待香港的新穩定幣監管規定，以瞭解規則後再考慮申請許可證。此外，Circle亞太區副總裁陳青琪提到，香港在發展穩定幣方面具有顯著優勢，包括實現同日美元結算的能力。香港還是亞太地區最大的資本市場，市場普遍認爲香港版穩定幣將會有相當大的市場需求。