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PARAGRAPHIn the Consultation Conclusion, the the need to take into activities relating to stablecoins into and draw reference from the discussion of international regulatory bodies when developing the relevant regulatory. The respondents also broadly supported HKMA proposes to bring certain to the discussion paper on crypto-assets and stablecoins from hkma cryptocurrency industry, public bodies, business and regulatory principles and direction. Hong Kong Monetary Authority 31 January PARAGRAPH.
We are grateful to the crypto-assets and stablecoins Press Releases to the discussion paper on announce the regulatory arrangements and the expected regulatory scope and.
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HKMA Explained: Linked Exchange Rate System \u0026 Aggregate Balance 101The HKMA is aware of some crypto firms describing themselves using terms such as �crypto bank�, �crypto asset bank�, �digital asset bank. Stablecoins � Regulating issuers to accord protection to users. Today, the Financial Services and the Treasury Bureau (�FSTB�) and the HKMA. The HKMA will also introduce a sandbox arrangement for communicating supervisory expectations and guidance on compliance to entities having a.
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