🤯 Hong Kong Just Opened the Floodgates for Crypto! 🇭🇰
Hong Kong’s insurance giants are now getting the green light to invest in digital assets! The Insurance Authority is paving the way for insurers to add $ADA, $PEPE, and $LTC to their portfolios.
Expect a 100% risk charge on crypto due to volatility – a smart move ensuring stability. Stablecoins will face even stricter scrutiny, tied to their fiat reserves. 🧐
This isn’t just news; it’s a strategic play by Hong Kong to become Asia’s premier crypto hub, attracting institutional capital with a regulated framework. A cautious, yet massive step towards mainstream adoption.
#CryptoNews #HongKong #InstitutionalAdoption #DigitalAssets 🚀

ADAUSDT
Διην.
0.4012
-1.85%

PEPE
0.0₅655
-0.90%

LTCUSDT
Διην.
81.18
-1.81%