36 Institutions Apply for Stablecoin Licenses in Hong Kong by September
In a significant development for the financial landscape, the Hong Kong Monetary Authority (HKMA) announced that by the end of September, a total of 36 institutions had submitted applications for stablecoin licenses. This surge reflects a growing interest in digital currencies, particularly as regulatory frameworks around them begin to solidify. Stablecoins, which are cryptocurrencies pegged […]
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