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๐ขใHong Kong "Stablecoin Regulation" Effective August 1! The world's first comprehensive regulatory framework is in placeใ
The Hong Kong Monetary Authority will initiate the licensing application for stablecoin issuers, aiming to issue the first batch of licenses (limited to single digits) within the year๐ฅ. The regulation requires issuers to strictly meet requirements for reserve asset segregation, redemption guarantees, etc., aimed at addressing cross-border payment challenges and promoting financial innovation and security.
#้ฆๆธฏ็จณๅฎๅธๆกไพ
The Hong Kong Monetary Authority will initiate the licensing application for stablecoin issuers, aiming to issue the first batch of licenses (limited to single digits) within the year๐ฅ. The regulation requires issuers to strictly meet requirements for reserve asset segregation, redemption guarantees, etc., aimed at addressing cross-border payment challenges and promoting financial innovation and security.
#้ฆๆธฏ็จณๅฎๅธๆกไพ
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