🚨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.
This once again shows that the authorities are ready to implement regulations, and it might just be sooner than we all think!
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.
This once again shows that the authorities are ready to implement regulations, and it might just be sooner than we all think!