Express

Hong Kong Financial Secretary: Promoting Issuers to Expand Stablecoin Applications to Different Scenarios

Summary: In breaking news, Hong Kong Financial Secretary Paul Chan published an article in 'Asia Times' stating that the legislation for stablecoins in Hong Kong will come into effect on August 1 this year. The Hong Kong SAR government and financial regulatory authorities will work to create a favorable market environment, along with necessary regulatory measures, ...

In breaking news, Hong Kong Financial Secretary Paul Chan published an article in 'Asia Times' stating that the legislation for stablecoins in Hong Kong will come into effect on August 1 this year. The Hong Kong SAR government and financial regulatory authorities will work to create a favorable market environment, along with necessary regulatory measures, to promote issuers to expand stablecoin applications to different scenarios, helping to address real pain points in business operations and citizens' daily lives.

Last Update:

Tags:
Link: Hong Kong Financial Secretary: Promoting Issuers to Expand Stablecoin Applications to Different Scenarios [Copy]

Last: Trump: Expected to Reach Ceasefire Agreement with Russia Due to Low Oil Prices

Next: Sky's New Execution Voting Approved, Will Enable SPK Mining for SKY Stakers

Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 4 days ago

Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 5 days ago

From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 11 days ago

The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 17 days ago

Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 19 days ago