This landmark legislation will allow major institutions to apply for stablecoin issuance licenses from the Hong Kong Monetary Authority (HKMA) by the end of the year
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Hong Kong Passes Stablecoin Bill to Accelerate Crypto Growth
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Hong Kong's stablecoin law requires any entity issuing Hong Kong dollar-referenced stablecoins or operating in Hong Kong to obtain a license from the Hong Kong Monetary Authority by year-end
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