Hong Kong Regulator Proposes Legislation for Fiat-Referenced Stablecoins

Hong Kong Regulator Proposes Legislation for Fiat-Referenced Stablecoins

full version at cryptonews
Regulations announced by the Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) would be applicable to stablecoin providers that conduct business both domestically and abroad.

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