Hong Kong's legislature passed a stablecoin bill on Wednesday that establishes a licensing regime for fiat-referenced ...

Hong Kong has been working on establishing a stablecoin regime since 2023. The nation had published a consultation paper on ...

Stablecoins are a type of cryptocurrency token that maintain a fixed value by being pegged to a reference asset, typically ...

Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or ...

Hong Kong passes Stablecoins Ordinance, mandating licenses for fiat-backed stablecoin issuers and enforcing strict compliance ...

The Hong Kong government passed the stablecoin bill, which marks the beginning of licensing for stablecoin issuers. The ...

The Stablecoin Bill has cleared Hong Kong’s Legislative Council, setting a legal foundation for fiat-backed stablecoin ...

According to a report from SCMP citing HSBC official statements, the settlement service allows the conversion of bank cash ...

Law sets up a ‘risk-based, pragmatic, and flexible regulatory regime’ with public protection in mind, head of city’s monetary ...

The Hong Kong government approved stablecoin legislation today. The new law provides for fiat-referenced stablecoins (FRC) ...

Hong Kong overpowers the US in crypto regulation as the city establishes a licensing regime for fiat-referenced stablecoin ...

Hong Kong's new legislation requires fiat-referenced stablecoin issuers to obtain a license from the HKMA, complying with ...