Hong Kong Stablecoin Licensing Regime Takes Effect

The Hong Kong Stablecoin license regime has effect

Hong Kong’s The Stablecoin licensed framework officially went live on August 1st. This It is the first time that the city introduces a legal structure specifically for FIAT’s digital digital tokens. The move puts the monetary authority of Hong Kong (HKMA) in charge of approving which companies can issue Stablecoin and how they operate. The … Read more