Hong Kong Monetary Authority: The regulatory framework for stablecoin issuers will take effect on August 1
I'm PortAI, I can summarize articles.
The Hong Kong Monetary Authority announced that it will implement a regulatory framework for stablecoin issuers starting from August 1. Institutions wishing to apply for a license must contact the Monetary Authority by August 31. If an institution is well-prepared and wishes to be considered early, it must submit its application by September 30. Currently, the Monetary Authority has not issued any licenses. Investment should be approached with caution, and this article does not constitute personal investment advice
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments