“We believe that a robust and fit-for-purpose regulatory environment would provide favourable conditions to support the healthy, responsible, and sustainable development of Hong Kong’s stablecoin and the broader digital asset ecosystem.”
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Hong Kong passes Stablecoins Bill to regulate fiat-backed stablecoins
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Hong Kong’s stablecoin law aims to establish a robust and fit-for-purpose regulatory environment that aligns with international standards and supports the healthy, responsible, and sustainable development of Hong Kong's stablecoins and the broader digital asset ecosystem
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