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Hong Kong Federation of Youth Directors: Hong Kong dollar stablecoins should be able to be used in Guangdong, Hong Kong and Macao and establish a three-place payment chain
In an article in the Hong Kong Economic Times, Tung Lau Kin-yu of the Hong Kong Federation of Youth said that the Hong Kong Financial Services and the Treasury Bureau and the Monetary Authority have previously issued a consultation summary on the legislative proposal to implement a regulatory regime for stablecoin issuers in Hong Kong, and announced three institutions participating in the sandbox. Participating institutions can test the expected business model within a specified range and commun...
2024-08-24 04:19:43
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