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Cryptopolitan 2023-08-26 07:57:22

Hong Kong Monetary Authority examining potential regulatory framework for stablecoins

The Hong Kong Monetary Authority (HKMA) is examining the development of a regulatory structure for the digital Hong Kong dollar, a stablecoin. Additionally, it is actively advancing distributed ledger technology (DLT) within the financial sector to tokenize bank deposits. In the upcoming quarter, a seminar will be conducted in collaboration with the industry to introduce ... Read more

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