Tag: hong kong stablecoin news

Why is Hong Kong regulating and licensing stablecoins? | Explained

Why is Hong Kong regulating and licensing stablecoins? | Explained

cpooldigitalLeave a Comment on 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 […]

Continue Reading
Stablecoins inspire hope, and hype, in Hong Kong

Stablecoins inspire hope, and hype, in Hong Kong

cpooldigitalLeave a Comment on Stablecoins inspire hope, and hype, in Hong Kong

Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying its future role in financial systems. The digital units have been touted as a cheaper, easier way to carry out monetary transactions, and their popularity is soaring, with […]

Continue Reading