TechFlow, July 29 — According to Cailian Press, Hong Kong's "Stablecoin Ordinance" is about to take effect. Multiple institutions have confirmed to reporters that the Hong Kong Monetary Authority (HKMA) will hold a technical briefing on the stablecoin issuer regulatory regime today at 16:30. The briefing will be led by senior HKMA officials, including Deputy Chief Executive Chan Wing-man, Assistant Chief Executives Chan King-hung and Ho Hon-kit, and Head of Digital Finance Ho Hung-chi. Previously, the HKMA indicated it would release supporting implementation guidelines this month, clarifying core regulatory details such as anti-money laundering and customer identification requirements.
Add to Favorites
Share to Social Media
