Bank of China Stablecoin Rumors Spark Stock Surge, Promise and Peril for Investors
The Bank of China stablecoin story has set financial circles buzzing, with rumors of licensing plans in Hong Kong sending its shares soaring even as regulators urge caution. Stock Jump on Licensing Speculation The Bank of China’s Hong Kong-listed shares climbed 6.7% on Monday, closing at HKD $37.58, after reports suggested the bank’s Hong Kong […]