The post Hong Kong New Crypto Rules Unlocks $82B for Insurance Investments appeared first on Coinpedia Fintech News
Hong Kong is set to become the first Asian financial hub to let insurance companies invest in cryptocurrencies and regulated stablecoins, according to Bloomberg. The move comes after a draft proposal from the Hong Kong Insurance Authority (IA). Hong Kong New Crypto Rules: Insurers Allowed to Invest in Digital Assets The draft rules treat crypto …