📰 Hong Kong leans on the offshore yuan as its stablecoin rollout stalls
During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits, and the finance chief made a promise for a virtual asset licensing bill to come later this year. Will Hong Kong lawmakers introduce a...
Source : Cryptopolitan
Time : 2026-10-05 17:05:28
Credit : hannah collymore
#sfc #hkd #cny #hkma #regulation
$KEEP $JST $ONE
During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits, and the finance chief made a promise for a virtual asset licensing bill to come later this year. Will Hong Kong lawmakers introduce a...
Source : Cryptopolitan
Time : 2026-10-05 17:05:28
Credit : hannah collymore
#sfc #hkd #cny #hkma #regulation
$KEEP $JST $ONE