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Sequoia China's Founder Neil Shen Recommends Hong Kong Develop A Cross-Border Stablecoin
Summary: Neil Shen, the founding and managing partner of Sequoia Capital China, has suggested that Hong Kong develop its own cross-border stablecoin. The notion was originally put forth by Shen at the Chinese People's Political Consultative Conference. Shen believes Hong Kong to create its own stablecoin, which would be used for cross-border payments between China, Japan, ...
Neil Shen, the founding and managing partner of Sequoia Capital China, has suggested that Hong Kong develop its own cross-border stablecoin.
The notion was originally put forth by Shen at the Chinese People's Political Consultative Conference. Shen believes Hong Kong to create its own stablecoin, which would be used for cross-border payments between China, Japan, and South Korea. He also wants Hong Kong to evolve into a digital economy and become an international financial center.
By Roland James
Tags: Chinese People's Political Consultative Conference,Hong Kong,Neil Shen,Sequoia Capital China
Link: Sequoia China's Founder Neil Shen Recommends Hong Kong Develop A Cross-Border Stablecoin [Copy]
