EXAMINE THIS REPORT ON STABLECOIN NEWS

Authorities really should need that GSC issuers and, where by applicable, other members from the GSC arrangements supply all people and related stakeholders with complete and transparent data to comprehend the working of your GSC arrangement, together with with regard towards the governance framework, any conflicts of desire and their administratio

while in the proposal, the FSTB and HKMA reference feed-back from session contributors, market developments, and Global dialogue on stablecoins in its decision to "consider forward the legislative proposal to put into practice a regulatory routine for issuers of fiat-referenced stablecoin (FRS) in Hong Kong." Compliance and legal features are weak