# Hong Kong believes stablecoin volatility can spillover to traditional finance

# Hong Kong believes stablecoin volatility can spillover to traditional finance

” Hong Kong believes stablecoin volatility can spillover to traditional finance “ The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over…

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# New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies

# New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies

” New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies “ Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts. In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 10, Fidelity Digital Assets, the firm’s crypto subsidiary, drew a line…

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