Hong Kong media: Hong Kong's Fudong Bureau has held a stablecoin conference at the end of August, with Ant, Lianlian Payment, and the Hong Kong Stock Exchange attending
2025-09-01 03:49:04
According to the Hong Kong Economic News, the Hong Kong Financial Services Development Council (FSDC) held a meeting on stablecoins at the end of last month, covering five major topics such as the Hong Kong Monetary Authority's proposed stablecoin guidelines, licensing mechanism, ecosystem collaboration, and the establishment of a task force, and focusing on KYB (know your business) and KYC (know your customers). It is said that the attendees on the day included institutions interested in applying for a stablecoin issuer license, including ants, continuous payment, and the Hong Kong Stock Exchange. However, the Hong Kong Monetary Authority did not attend the meeting, and the FSDC representative was the Chief Executive Officer, Au Jinglin; Director and Head of Policy Research, Dong Yiyue, the whole meeting lasted more than 2 hours. The FSDC has not yet responded to this meeting.
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