Why is Hong Kong regulating and licensing stablecoins? | Explained

Why is Hong Kong regulating and licensing stablecoins? | Explained

The story so far: Hong Kong is taking a decisive step forward in regulating certain types of cryptocurrencies, as it prepares to enforce the Stablecoins Ordinance from August 1. The new regulations come amidst an explosion of interest in stablecoins and their promising applications in both personal finance and international business. While crypto users who […]

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