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Coin Edition 2023-12-27 12:32:02

Hong Kong Proposes Regulatory Framework for Stablecoin Issuers

The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) are collecting public comment on a proposed legal framework for regulating stablecoin issuers. As stablecoins are increasingly playing a vital role in bridging the gap between traditional finance and virtual assets, the Hong Kong government thinks it is necessary to regulate The post Hong Kong Proposes Regulatory Framework for Stablecoin Issuers appeared first on Coin Edition .

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