Hong Kong Passes Stablecoin Bill, Boosts Market Prospects
4 Articles
4 Articles
Hong Kong Passes Stablecoin Bill, Boosts Market Prospects
The post Hong Kong Passes Stablecoin Bill, Boosts Market Prospects – Coincu appeared on BitcoinEthereumNews.com. Key Points: Hong Kong passes global first stablecoin regulation, setting new market standards. Brokerages hold stablecoin roadshows; increased institutional interest. Stablecoins dominate crypto trading, spurring regulatory focus. The Hong Kong government has passed the Stablecoin Bill, making it the first to regulate fiat-backed stab…
The Stablecoin Revolution Has a New Capital—and It’s Not in the U.S.
Disruption Banking The Stablecoin Revolution Has a New Capital—and It’s Not in the U.S. On May 21, Hong Kong joined dozens of other nations in passing legislation to regulate stablecoins. Simultaneously, in the US, similar stablecoin legislation is winding its way through the Texas statehouse, as well as the U.S. Senate. The Hong Kong government said in a statement that the legislation will “enhance Hong Kong’s existing regulatory framework […] …
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