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Home»TRADING NEWS»Hong Kong Monetary Authority launches stablecoin issuer sandbox
TRADING NEWS

Hong Kong Monetary Authority launches stablecoin issuer sandbox

By Crypto FlexsMarch 14, 20241 Min Read
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Hong Kong Monetary Authority launches stablecoin issuer sandbox
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On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the Stablecoin Issuer Sandbox Agreement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong must have a sound business plan. The regulator also clarified that approval of the sandbox does not imply approval or support for (…). Source: Bitcoin.com

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