Compux, developer of the homonymous cryptocurrency network, revealed its collaboration with the companies Anchorx and EastCompeace Technology to issue a stablecoin linked to the Yuan Offshore, aimed at trade outside China.
The stablecoin It will be used In the countries of the Strip and the Route initiative, a global project led by China to promote trade and infrastructure, which includes nations such as Pakistan, Sri Lanka, Kenya and Malaysia. This approach seeks to facilitate cross -border transactions in strategic regions.
In addition, converge advertisement The launch of Comlux 3.0, scheduled for August. This update promises to increase the capacity of the network to 15,000 transactions per second (TPS). The improvement will also allow large -scale liquidation of international payments and real assets.
The announcement promoted the price of CFX, the native Cryptocurrency of Compúx, which went from $ 0.10 to 0.22 dollars in the current day, which represents an increase of 120%. This rebound reflects market interest in stablecoins and network improvements.
This climb positions CFX as Cryptocurrency with a higher weekly growth among the 100 main market capitalizationreaching 1.1 billion dollars. Tazos (XTZ) follows, with a weekly increase of 62%.
In a broader context, the director of the Popular Bank of China, Pan Gongsheng, pointed out In June that the stablecoins and digital currencies issued by central banks are transforming global payment systems. His comments highlight China’s interest in these assets, despite internal restrictions.
Unlike Continental China, Hong Kong, a special administrative region of China, adopts a legal framework that promotes cryptoactive ones, acting as a test center for new financial policies.
In this scenario, Hong Kong approved in May a licensing regime for stablecoins issuing, which will enter into force on August 1. As Cryptonoticia reported, these regulations define requirements to obtain licenses, clarify what is considered a regulated stablocoin and grants the Central Bank of Hong Kong powers to investigate and punish breaches, seeking to protect financial stability.
