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Hong Kong Sets Sight On Stablecoins, Considers Them As National Threat
By Pratik Bhuyan at 2025-05-22 14:47
Sentiment: Negative
Crypto News: The Hong Kong Monetary Authority (HKMA) has emphasized that the initial focus of regulating cryptocurrencies in 2023 would be stablecoins that represent themselves as being linked to the value of one or more legal currencies. According to the HKMA, these stablecoins present larger and more immediate threats to the economic and financial stability The post Hong Kong Sets Sight On Stablecoins, Considers Them As National Threat appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Regulation News #Stablecoin News #Hong Kong #Hong Kong Monetary Authority #stablecoins #Stablecoins Regulations
Source CoinGape