🇭🇰 JUST IN: Hong Kong to Resume Stablecoin Bill Reading on May 21!
Hong Kong is taking another major step toward crypto regulation as it resumes the second reading of its stablecoin bill during the Legislative Council session on May 21.
🪙 Why It Matters:
Aims to regulate fiat-referenced stablecoins
Could position Hong Kong as a regulated crypto hub in Asia
Signals increased government oversight and adoption
If passed, expect new opportunities for stablecoin issuers—and a ripple effect across the region’s crypto markets.
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