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cryptonews 2023-12-27 17:30:54

Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal

A Hong Kong lawmaker expressed worries that new stablecoin regulations could disrupt crypto markets. Image by mehaniq41, Adobe Stock. Today, Hong Kong’s financial authorities—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)—unveiled their plan to implement new stablecoin regulations. Not everyone thinks this is a good development for crypto The post Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal appeared first on Cryptonews .

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