Consultation conclusions for legislative proposal to implement regulatory regime for stablecoin issuers in Hong Kong released

The Financial Services and the Treasury Bureau (FSTB) and the HKMA jointly have issued the consultation conclusions on the legislative proposal to implement a regulatory regime for fiat-referenced stablecoin (FRS) issuers in Hong Kong. During the two-month public consultation period completed in February this year, 108 submissions from respondents were received.

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