Hong Kong's New Crypto Rules Could Tap $82B Insurance Market
Hong Kong is moving to become the first jurisdiction in Asia to establish explicit regulations allowing insurance companies to invest in cryptocurrencies, according to a Bloomberg report. The Hong Kong Insurance Authority (IA) is proposing new rules that would channel insurance capital into digital assets, including cryptocurrencies and stablecoins. Cautious Green Light for Insurers, NotThe post Hong Kong's New Crypto Rules Could Tap $82B Insurance Market appeared first on BeInCrypto.