What is Hong Kong’s Stablecoins Bill and How Could It Become Law?

What is Hong Kong’s Stablecoins Bill and How Could It Become Law?

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Hong Kong is moving swiftly to regulate stablecoins, signalling their potential integration into the region’s financial systems. Regulators have drafted a ‘Stablecoins Bill’ that sets forth mandates and restrictions for stablecoin issuers and advertisers. The bill outlines the necessary steps to ensure consumer…