Hong Kong is taking steps to regulate the issuance and marketing of stablecoins, a form of digital currency that is pegged to a fiat currency. The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau...

Hong Kong is taking steps to regulate the issuance and marketing of stablecoins, a form of digital currency that is pegged to a fiat currency. The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) published a consultation paper on the proposed regulatory framework for stablecoin issuers on December 27, […]

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