Bitwise CIO: Crypto Has Become a Contrarian Investment – Three Logics to Understand the Current Market | Bee Network
Loginट्रेंडिंग न्यूज़एआई एजेंटमीम लॉन्चपैडडेस्सीटॉपचेनएक्सप्लोररन्यूबी के लिए100x सिक्केमधुमक्खी खेलआवश्यक वेबसाइटेंएपीपी अवश्य होना चाहिएक्रिप्टो हस्तियाँडेपिननौसिखिया आवश्यकट्रैप डिटेक्टरबुनियादी उपकरणउन्नत वेबसाइटेंएक्सचेंजोंएनएफटी उपकरणवेब3 यूनिवर्सखेलडीऐपमधुमुखी का छत्ताबढ़ता हुआ मंचविज्ञापनरिचार्ज सिक्केलॉग इन करेंवेब3 यूनीखेलडीऐपमधुमुखी का छत्ताविज्ञापनघरविश्लेषणविश्लेषणlywtक्रिप्टोबाज़ारBitwise CIO: Crypto Has Become a Contrarian Investment – Three Logics to Understand the Current MarketRelated: Hong Kong Stablecoin “Starting Gun Fired”: From Licensing to Ecosystem, the Real Marathon Has Just Begun
Amidst the overwhelming news coverage, many also noticed a thought-provoking signal: of the first two licensees, one is HSBC holding a license independently, while the other, Anchor Financial, is a joint venture entity backed by Standard Chartered Bank (Hong Kong) Limited, Hong Kong Telecom, and Animoca Brands. In other words, among the first entrants are two of Hong Kong’s three note-issuing banks: HSBC and Standard Chartered. What does this signify? I. From “Note-Issuing Bank” to “Stablecoin Issuer” To be realistic, the fact that the first licenses went to HSBC and Standard Chartered is not surprising in itself. However, the policy signals released by this choice are worth careful interpretation. This requires first revisiting Hong Kong’s unique currency issuance system. As is well known, Hong Kong’s current banknote system is primarily…# विश्लेषण# बिटकॉइन# क्रिप्टो# इथेरियम# मार्केट上一篇
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- Original translation: Chopper, Foresight News In previous memos, I usually focused on the single most important issue in the market. However, the current industry landscape is complex with numerous...