Hong Kong's long-awaited stablecoin ordinance took effect on August 1 and positions Hong Kong as one of the first markets globally to regulate fiat-backed stablecoin issuers, giving it an early ...

The bill, passed in the House of Representatives, directly threatens Hong Kong's economic interests. If enacted, it would require the US government to certify if HKETOs in Washington, New York and ...

Hong Kong's Stablecoin Bill officially took effect on August 1, establishing a licensing regime for fiat‑referenced stablecoin issuers.

The US sanctioned an armed group and two Hong Kong-based firms allegedly linked to violence and illegal mining in the Democratic Republic of Congo, part of what officials said was an effort to ...

The strict customer identification rules mandated in Hong Kong’s new stablecoin law could hinder adoption of the digital currency and the city's competitiveness in global digital finance markets ...

HONG KONG (Reuters) -The strict customer identification rules mandated in Hong Kong’s new stablecoin law could hinder adoption of the digital currency and the city's competitiveness in global ...