Hong Kong to Regulate Stablecoins and Expand Virtual Asset Transaction Supervision!

Hong Kong to Regulate Stablecoins and Expand Virtual Asset Transaction Supervision!


Coinpedia
2023-11-03 09:48:01

The post Hong Kong to Regulate Stablecoins and Expand Virtual Asset Transaction Supervision! appeared first on Coinpedia Fintech News Hong Kong’s Deputy Secretary for Financial Services and the Treasury, Chan Ho-Lin, has announced plans to expand the scope of supervision for virtual asset transactions in the country. He stated that the government intends to regulate trading activities beyond virtual asset trading platforms and work on a regulatory system for stablecoin issuers. Additionally, the Hong …