Hong Kong Pushes For New Stablecoin Legislation
full version at benzinga
Joint proposal by FSTB and HKMA to regulate stablecoin issuers in Hong Kong with requirements for local presence, custody of reserve assets, and no interest payments.
Joint proposal by FSTB and HKMA to regulate stablecoin issuers in Hong Kong with requirements for local presence, custody of reserve assets, and no interest payments.