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Hong Kong's financial regulation enters a new stage, with the "stablecoin regulation" officially taking effect on August 1. The Secretary for Financial Services and the Treasury, Christopher Hui, recently revealed Hong Kong's regulatory blueprint for the stablecoin market in a media interview.
Xu Zhengyu stated that the Hong Kong Monetary Authority is seeking market opinions on the implementation guidelines for the "stablecoin" regulations, and it is expected to announce the details in July, covering key requirements such as anti-money laundering. He emphasized that the regulatory body hopes t
View OriginalXu Zhengyu stated that the Hong Kong Monetary Authority is seeking market opinions on the implementation guidelines for the "stablecoin" regulations, and it is expected to announce the details in July, covering key requirements such as anti-money laundering. He emphasized that the regulatory body hopes t