Hong Kong Introduces Stablecoin Licensing Regime to Boost Digital Asset Hub
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币界网报道：Hong Kong has launched a new licensing regime for stablecoin issuers, aiming to strengthen its position as a global digital asset hub. The regulatory framework, announced by the Hong Kong Monetary Authority (HKMA), requires issuers to obtain a license and comply with strict reserve and disclosure rules. Stablecoins must be fully backed by high-quality liquid assets, with regular audits and transparency reports. The move seeks to enhance investor protection and market stability while fostering innovation in the fintech sector. Industry players welcome the clarity, expecting it to attract more blockchain businesses to Hong Kong amid growing global scrutiny of stablecoins.
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