JPMorgan President: Divergent Stablecoin Regulations Across Regions Will Limit Cross-Border Payment Applications If Not Unified
According to ChainCatcher, as reported by Ming Pao, JPMorgan President Daniel Pinto stated at the "Hong Kong Women CEO Summit 2025" that if stablecoin regulatory policies are not unified across regions, it will limit their practical applications such as cross-border micropayments. He believes that regulators should embrace new technologies and develop regulations for their additional risks, rather than completely overhauling the system.
Franklin Templeton President Jenny Johnson pointed out that as long as companies understand the rules, they can develop their businesses accordingly. Using tokenization as an example, she said that Hong Kong can adopt a principles-based regulatory approach when formulating specific rules, focusing on the core principle of "whether customers are treated fairly."
Former HKEX Chairwoman Laura Cha stated that the proactive approach taken by the Hong Kong Monetary Authority in stablecoin regulation is the right direction, and that regulators should establish a clear and transparent framework.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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