“During the assessment process, these institutions were able to demonstrate genuine interest in developing a stablecoin issuance business in Hong Kong with a reasonable business plan, and that their proposed operations under the sandbox arrangement would be conducted within a limited scope and in a risk-controllable manner,” the announcement said.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US-listed spot Bitcoin ETFs have shown net...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin and Ethereum prices are crashing...
Key Takeaways:Kyrgyzstan’s KGST stablecoin, backed 1:1 by the national currency (som), is now listed on Binance.The token becomes the first...
