Hong Kong eyes stablecoin regulatory regime by 2024

While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) is in the process of seeking comments from the public regarding stablecoins and aims to introduce a regulatory framework by the end of 2024, … Continue reading Hong Kong eyes stablecoin regulatory regime by 2024