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Hong Kong Monetary Authority Holds Stablecoin Meeting at the End of August, Ant Group, LianLian Pay, HKEX Attend
Summary: According to reports, the Hong Kong Monetary Authority (HKMA) held a meeting on stablecoins at the end of August, discussing five main topics including stablecoin guidelines proposed by the HKMA, licensing mechanisms, ecosystem collaboration, establishment of dedicated groups, and focusing on KYB (Know Your Business) and KYC (Know Your Customer). Attendees reportedly included institutions interested ...
According to reports, the Hong Kong Monetary Authority (HKMA) held a meeting on stablecoins at the end of August, discussing five main topics including stablecoin guidelines proposed by the HKMA, licensing mechanisms, ecosystem collaboration, establishment of dedicated groups, and focusing on KYB (Know Your Business) and KYC (Know Your Customer). Attendees reportedly included institutions interested in applying for stablecoin issuer licenses such as Ant Group, LianLian Pay, and HKEX, with HKMA representatives absent and HKMA representatives being Executive Director Eddie Yue and Director of Policy Research Arthur Yuen. The meeting lasted over 2 hours, and the HKMA has not yet responded to the meeting. (Hong Kong Economic Times)
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Link: Hong Kong Monetary Authority Holds Stablecoin Meeting at the End of August, Ant Group, LianLian Pay, HKEX Attend [Copy]
