Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends

Hong Kong's financial regulators published the conclusions of consultation on fiat-referenced stablecoin regulation and said they are preparing a bill to introduce into the Legislative Council later this year. source: https://www.coindesk.com/policy/2024/07/17/hong-kong-to-prepare-stablecoin-legislation-as-public-consultation-ends/?utm_medium=referral&utm_source=rss&utm_campaign=headlines