Shaping the Future of Finance: Hong Kong’s Regulatory Framework for Stablecoin Issuers
Amidst the growing interconnectedness of the digital economy and traditional financial systems, the Hong Kong Monetary Authority (HKMA) is taking decisive actions to establish a regulatory framework for stablecoin issuers within the region. Understanding the significant risks and opportunities posed by the burgeoning virtual asset market, the HKMA’s regulatory endeavors aim to strike a balance…