Hong Kong Tightens Stablecoin Regulations
Hong Kong's rigorous stablecoin regulations challenge global digital currency norms, setting a new benchmark in virtual asset governance.

Hong Kong's rigorous stablecoin regulations challenge global digital currency norms, setting a new benchmark in virtual asset governance.
Stablecoins gain prominence in 2023, with global regulatory efforts and market growth highlighting their evolving financial impact.
Licensed platforms in Hong Kong are currently limited to facilitating the trading of Bitcoin (BTC) and Ethereum (ETH).
Changes in the regulatory landscape seem to have stalled the project.
Over time, stablecoins have gained in popularity and drawn a lot of attention. As cryptocurrency acceptance continues to rise and ...
Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back.
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case.
The U.S. continues to be a global leader in regulating and embracing the cryptocurrency industry, but the Stablecoin TRUST Act may set up some barriers for newcomers.
The paradigm shift of stablecoins from centralization to decentralization will happen subtly rather than rapidly.