Hong Kong has moved closer to formalizing its stablecoin regulations by publishing a bill in its gazette on Dec. 6 that establishes a clear framework for issuers and marketers. Stablecoins have become useful tools for cross-border transactions, with Standard Chartered recently calling them the crypto industry’s “killer app.” Under the new bill, stablecoin issuers and […]
The post Hong Kong races ahead with new stablecoin regulatory framework appeared first on CryptoSlate.
Go here to Read this Fast! Hong Kong races ahead with new stablecoin regulatory framework
Originally appeared here:
Hong Kong races ahead with new stablecoin regulatory framework