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Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

Posted on 12/28/2023

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.

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