• July 26, 2024
Regulation and future of stablecoins in Hong Kong

This article provides a comprehensive overview of the regulation and future development of stable money in Hong Kong, with a focus on the expansion of the Hong Kong dollar. The article highlights the evolution of the regulatory environment, the role of the Hong Kong Monetary Authority (HKMA), and important milestones in the process. Readers will be able to understand the challenges and opportunities presented by stable currencies, as well as the strategies implemented to facilitate their adoption. By exploring the integration of blockchain technology, the potential digital Hong Kong dollar leads...

  • July 25, 2024
Hong Kong strengthens stablecoin regulation

This article discusses the Hong Kong financial regulators' plans to strengthen the regulatory framework for stable money. The focus is on stablecoins pegged to legal tender to ensure the safety of the currency and investors. The initiative includes licensing requirements for stable money issuers who must comply with stringent governance and financial standards, such as maintaining a minimum capital of at least HK$25 million. The aim is to manage risk, prevent money laundering and promote Hong Kong as a center for virtual assets,...

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