Hong Kong Seeks Feedback on ‘Risk-Based’ Approach to Crypto, Stablecoin Regulation
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The Hong Kong Monetary Authority is seeking feedback from the public on how it should regulate cryptocurrencies and stablecoins The banking authority is considering a risk-based approach to…
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Hong Kong has officially passed a new law focused on stablecoin assets, putting the city ahead in the global crypto race. This bold step shows Hong Kong is committed to becoming a leading crypto-friendly financial center. While the U.S. is still debating its stablecoin rules, Hong Kong’s Legislative Council has…
Regulators in Hong Kong are preparing a broad overhaul of the insurance regime, linking crypto risk charges with new incentives for infrastructure investment. New capital rules for crypto assets and stablecoins The Hong Kong Insurance Authority has outlined draft rules that would allow insurers to invest directly in cryptocurrencies and…