Hong Kong Treasury Secretary: Aim to issue stablecoin licenses this year
5 hours ago
Odaily News The Stablecoin Ordinance of Hong Kong, China will come into effect in August. The Director of the Hong Kong Treasury Bureau, Paul Hui, said that the HKMA is currently consulting the market on the implementation of the guidelines for the regulations. The guidelines will be announced this month, and the specific content will involve anti-money laundering and other related requirements. He also stated that the number of stablecoin licenses issued will be in the single digits, and he hopes to receive applications after the regulations come into effect, with the goal of issuing licenses within this year. As for whether financial institutions can issue stablecoins pegged to the RMB after obtaining a license, he said that if it involves currencies in other jurisdictions, it will be discussed with relevant institutions. (Ming Pao)
最热快讯
2025-07-07 05:22:47
Shenzhen: Beware of illegal fundraising in the name of stablecoins
Odaily News Recently, digital currencies represented by stablecoins have received widespread attention from the market. Monitoring has found that some illegal institutions use "financial innovation" and "digital assets" as gimmicks, take advantage of the public's lack of understanding of stablecoins, etc., and absorb funds by issuing so-called "virtual currency", "virtual assets", "digital assets", etc., induce the public to participate in trading speculation, disrupt the economic and financial order, and breed illegal fundraising, gambling, fraud, pyramid schemes, money laundering and other illegal and criminal activities, seriously endangering the property safety of the public. The Shenzhen Municipal Task Force Office for Preventing and Combating Illegal Financial Activities reminds you: Such illegal institutions do not have the qualifications to publicly absorb public deposits without the permission of the national financial management department in accordance with the law or in violation of national financial management regulations. Such institutions use new concepts such as stablecoins to speculate, fabricate so-called "virtual currency", "virtual assets", "digital assets" and other investment projects, publicly falsely advertise and absorb public funds, and breed illegal fundraising, gambling, fraud, pyramid schemes, money laundering and other illegal and criminal activities. (Jinshi)
资讯热榜
日榜
周榜
Smarter Web Company, a British listed company, increased its holdings of 226.42 bitcoins, bringing its total holdings to 1,000 bitcoins
GateToken (GT) 2025 Q2 on-chain destruction completed, with a total destruction value exceeding US$2.748 billion
Binance to add watch tags for BAKE, IDEX, and SLF
MYX briefly rose to 0.14 USDT, with a 24-hour increase of 96.22%.
Shenzhen: Beware of illegal fundraising in the name of stablecoins
星球午讯