Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Source: https://www.coindesk.com/policy/2023/12/27/hong-kong-regulators-propose-mandatory-licenses-for-fiat-backed-stablecoin-issuers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.