The Standard Chartered-led Anchorpoint initiative plans to launch a stablecoin for individual users in Hong Kong.
I usually assess regulatory news by asking three questions:
1. What was announced: an enacted law, or just a statement?
2. When does it take effect: is there a clear timeline?
3. Who will it affect: the entire industry, or specific projects?
This one seems relatively lenient, but there is often still a considerable amount of time between a proposal and its implementation.
$BTC Current price: 79,678.29.
I usually assess regulatory news by asking three questions:
1. What was announced: an enacted law, or just a statement?
2. When does it take effect: is there a clear timeline?
3. Who will it affect: the entire industry, or specific projects?
This one seems relatively lenient, but there is often still a considerable amount of time between a proposal and its implementation.
$BTC Current price: 79,678.29.
