Hong Kong Now Looks Towards Stablecoin Regulations in the Region

Hong Kong Now Looks Towards Stablecoin Regulations in the Region

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Hong Kong leads in formulating a regulatory framework.

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January’s discussion paper wanted algorithmic stablecoins banned.

Cryptocurrency regulations are one of the growing concerns around the world as some countries intend to become crypto hotspots. These countries are keen on formulating and implementing well-defined crypto regulations. Hong Kong is one such jurisdiction that intends to formulate and implement sound crypto regulations.
Hong Kong’s New Regulatory Regime: First of Many Steps
Recently, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury, said that the regulatory authority of the city, Hong Kong Monetary Authority (HKMA), seeks public comments and their …
 

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We współpracy z: https://www.thecoinrepublic.com/2023/06/13/hong-kong-now-looks-towards-stablecoin-regulations-in-the-region/

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