The Hong Kong Monetary Authority (HKMA) has laid out its plans for regulating stablecoin issuers. According to a press release by the regulator earlier today, entities operating stablecoin services in Hong Kong will require mandatory licensing.
The Hong Kong Monetary Authority (HKMA) has laid out its plans for regulating stablecoin issuers. According to a press release by the regulator earlier today, entities operating stablecoin services in Hong Kong will require mandatory licensing.