A New Era for Crypto: Hong Kong Takes the Lead in Stablecoin Development
A Stride Toward A Secure and Quirky Digital Finance Future? What’s Going on in Hong Kong? Hong Kong’s financial authorities have initiated a public consultation to formulate a comprehensive crypto-related regulatory framework. The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) jointly launched this consultation, focusing on establishing guidelines for…