Shaping the Future of Finance: Hong Kong’s Regulatory Framework for Stablecoin Issuers

In an era where the digital economy and traditional financial systems are becoming increasingly intertwined, the Hong Kong Monetary Authority (HKMA) is taking proactive steps to establish a regulatory framework for stablecoin issuers within the region. Recognizing the potential risks and opportunities presented by the burgeoning virtual asset market, the HKMA’s initiative aims to ensure…