Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi Post author:MiamiCrypto Post published:January 5, 2023 Post category:CBDC / Hong Kong / Stablecoin / Web3 A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins. You Might Also Like Web3 Infrastructure Platform Caldera Raises $15M in Early-Stage Funding July 25, 2024 Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences April 23, 2022 CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million October 15, 2021