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CertiK: Can help verify stablecoin issuer Circle’s reserves elsewhere

2024-11-25 11:34
Odaily News Recently, many large international virtual asset trading platforms withdrew their license applications in Hong Kong. Gu Ronghui, co-founder of CertiK and member of the Web 3.0 Development Task Force, said that the Hong Kong government should first regulate large virtual currency industry stakeholders in existing scenarios and encourage them to move in the direction of compliance, which will have a more meaningful impact on the industry. As for the world's second largest stablecoin issuer Circle's intention to develop in Hong Kong, CertiK can help verify the stablecoin issuer Circle's reserves in other places. (Hong Kong Economic Journal)