🇭🇰 JUST IN: Hong Kong to Resume Stablecoin Bill Reading on May 21!

$YFI

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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