Hong Kong Monetary Authority Releases Stablecoin Licensing Framework – CBDCs Coming Soon?
The Hong Kong Monetary Authority (HKMA) announced Tuesday, it has officially launched its long-anticipated licensing regime for stablecoin issuers, with new guidelines set to come into effect August 1. The move latest update shows Hong Kong’s intention to regulate the growing stablecoin sector, offering clarity for market participants while reinforcing investor protection and financial integrity….
