KuCoin Has Closed a $10M Funding Spherical Into CNHC. However Is the Offshore Yuan Proper for a Stablecoin?

by Jeremy

“This funding in CNHC is a part of KuCoin Ventures’ broader technique of investing within the Web3 infrastructure within the APAC area,” Justin Chou, chief funding officer of KuCoin and lead at KuCoin Ventures, mentioned in an announcement. “Hong Kong has a well-established conventional finance ecosystem. With the regulation and new coverage for next-generation digital property, Hong Kong has an actual alternative at turning into the brand new crypto heart of the world.”

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