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Hong Kong will continue to promote the regulatory system for fiat currency stablecoin issuers and relax the asset appraisal requirements for inbound investors

On February 17, according to the "Hong Kong Information" report, Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, China, pointed out in his speech at the annual conference of the Asian Securities Industry and financial marekt Association that the government has gazetted a stablecoin bill last year to introduce a regulatory system for fiat currency stablecoin issuers in Hong Kong. Hong Kong will continue to be an ideal gateway to connect mainland capital markets with th...

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2025-02-17 13:28:50
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