In a major step towards becoming the global Web3 hub, the Hong Kong Legislative Council passed the “Stablecoins Bill” in its third reading
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Hong Kong Passes Stablecoin Bill to Accelerate Crypto Growth
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Hong Kong's Legislative Council has passed the Stablecoins Bill establishing a licensing regime under the Hong Kong Monetary Authority for fiat-referenced stablecoin issuers to support the city’s ambition to become a global Web3 hub
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