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Hong Kong believes stablecoin volatility can spillover to traditional finance

According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Hong Kong believes stablecoin volatility can spillover to traditional finance

According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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