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Amun Research – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 13 Jun 2020 14:10:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Amun Research – DIGIT INFO https://www.digit.info 32 32 China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls https://www.digit.info/chinas-government-fuels-stablecoin-economy-hong-kong-protesters-singapore-and-mainland-residents-flee-capital-controls/ Sat, 13 Jun 2020 14:10:17 +0000 https://www.digit.info/2020/06/13/chinas-government-fuels-stablecoin-economy-hong-kong-protesters-singapore-and-mainland-residents-flee-capital-controls/ Read more]]>

China's Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital ControlsA recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, […]

The post China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls appeared first on Bitcoin News.

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