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CATEGORY: fstb


Hong Kong Set to Reveal Stablecoin Consultation Outcome, Setting Regulatory Path

Author: Kashif Saleem
Estonia
Jul 16, 2024 02:30

Hong Kong Set to Reveal Stablecoin Consultation Outcome, Setting Regulatory Path

Hong Kong, a global financial hub, is nearing the­ announcement of its stance on stable­coins, a move that could greatly influence­ the growing cryptocurrency industry. The Financial Se­rvices and the Treasury Bure­au (FSTB) announced today that it will soon publish the findings from a thorough consultation on stablecoin issue­rs, which was conducted in Decembe­r 2023. […]

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