Tag: peg

Hong Kong's crackdown on backdoor listings now in force; Global financial system watchdog flags stablecoins as huge regulatory risk; API industry standards in the works

Is it time to rethink the Hong Kong dollar’s peg to the US dollar? At least one treasurer believes it's time to take the long view on Hong Kong and its place in Asia.

Joseph Yam, the former head of the Hong Kong Monetary Authority, suggested Hong Kong should review its currency peg to the dollar. The government has rebuked it but should we take Yam’s dramatic change of heart seriously? CT asks a series of experts their opinions.