The Hong Kong stablecoin bill takes effect on August 1, promoting multi-scenario applications.

[Bitpush] The Financial Secretary of Hong Kong, Paul Chan, published a director's essay titled "A New Era for Asia" stating that the legislation for Hong Kong's stablecoin will come into effect on August 1st of this year. The Hong Kong SAR Government and financial regulatory bodies will strive to create a favorable market environment, complemented by necessary regulatory measures, to promote issuers to expand the application of stablecoins to different scenarios, helping to address the substantial pain points in business operations and citizens' daily lives.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
ProposalManiacvip
· 21h ago
Regulation leads with foresight
View OriginalReply0
MetaverseLandladyvip
· 07-03 05:53
Hong Kong dollar goes to the next level
View OriginalReply0
not_your_keysvip
· 06-30 10:57
Hong Kong is really impressive
View OriginalReply0
RugResistantvip
· 06-30 10:53
The policy support is very strong.
View OriginalReply0
GasBankruptervip
· 06-30 10:38
Another play people for suckers opportunity
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)