Hong Kong Begins Stablecoin Licensing in Major Crypto Push

The post Hong Kong Begins Stablecoin Licensing in Major Crypto Push appeared first on Coinpedia Fintech News Hong Kong’s stablecoin licensing regime is now live and processing applications. Christopher Hui, Secretary for Financial Services and the Treasury, confirmed today that the Hong Kong Monetary Authority (HKMA) is reviewing license applications under the Stablecoin Ordinance. Hui made the announcement at a Legislative Council Finance Committee policy briefing on January 30. He also revealed …