Hong Kong Passes Landmark Stablecoin Bill, Reshaping Digital Finance

Hong Kong just turbocharged its digital finance ambitions, locking in a game-changing stablecoin law that mandates licenses, enforces full compliance, and ignites the city’s crypto leadership. Hong Kong Enacts Licensing Law for Stablecoin Issuers, Ushering in New Era for Crypto Assets The Hong Kong Monetary Authority (HKMA) announced on May 21 that the Legislative Council