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Hong Kong's de facto central bank has mandated banks to sell green notes in three currencies. Additionally, the city plans to introduce a licensing regime for stablecoin issuers whose tokens reference the price of fiat currencies, following consultation results.
Hong Kong releases consultation results, paving way to require licenses for stablecoin issuers https://t.co/ztIKiBycrW
[BLOOMBERG] Hong Kong Regulator Plans Licensing Regime for Stablecoin Firms
Hong Kong plans to introduce a licensing regime for stablecoin issuers whose tokens reference the price of fiat currencies, the city’s de facto central bank says https://t.co/aqYKFSObkM
