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by: xpoolPosted on: May 21, 2025

Hong Kong Enacts Stablecoin Regulation, Mandating Licensing for Issuers

Hong Kong has taken a proactive step in regulating stablecoins by enacting the Stablecoins Bill, requiring licensing for all businesses issuing fiat-backed stablecoins. This legislation mandates that any entity offering stablecoins pegged to the Hong Kong dollar must obtain a license from the Hong Kong Monetary Authority (HKMA). ]

Related posts:

  1. Hong Kong Paves Way for Stablecoin Regulation with New Framework
  2. Hong Kong Legislative Council Advances Stablecoin Bill to Second Reading
  3. Hong Kong’s Cryptocurrency Landscape Evolves with New Stablecoin Rules
  4. DFSA Approves USDC and EURC: Revolutionizing Dubai’s Crypto Landscape
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