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> Hong Kong Monetary Authority Proposes Rules for 'Fiat-Referenced' Stablecoins
Hong Kong Monetary Authority Proposes Rules for 'Fiat-Referenced' Stablecoins
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Hong Kong Monetary Authority Proposes Rules for 'Fiat-Referenced' Stablecoins
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DATE POSTED:
July 18, 2024
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The proposed rules would require a physical presence in Hong Kong, reserves to be kept at Hong Kong banks, and prohibit paying interest to holders.
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> Hong Kong Monetary Authority Proposes Rules for 'Fiat-Referenced' Stablecoins