Hong Kong begins discussions to introduce stablecoin regulatory framework

by Aurelia Butler 15 January 2022, 07:00 129 Views

HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the explosive growth of the stablecoin market in terms of market capitalization since 2020 and the concurrent regulatory recommendations put forth by international regulators including the United States’ Financial Action Task Force (FATF), the Financial Stability Board (FSB) and The Basel Committee on Banking Supervision (BCBS).

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Source: Cryptocurrency - investing.com

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Hong Kong begins discussions to introduce stablecoin regulatory framework

Tether freezes $150 million in USDT

Tesla launches Dogecoin payments for merch, but there’s a catch

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