#WhiteHouseDigitalAssetReport The Hong Kong Monetary Authority (HKMA) has issued new regulatory guidelines for licensed stablecoin issuers in a document titled “Stablecoin Regulations.” Under these rules, issuers may only offer stablecoins in jurisdictions where such trading is permitted. License holders must also implement strict controls to reduce risks related to location masking and identity concealment, such as the misuse of virtual private networks (VPNs) during remote customer verification and daily operations. #stablecoin #HongKong $BNB $BTC $ETH