Hong Kong’s Central Bank Starts Regulatory Sandbox for Stablecoin Issuers

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Hong Kong’s Central Bank Starts Regulatory Sandbox for Stablecoin Issuers

“Applicants should have genuine interest in developing a stablecoin issuance business in Hong Kong with a reasonable business plan, and their proposed operations under the sandbox arrangement will be conducted within a limited scope and in a risk-controllable manner,” the HKMA notice said. www.coindesk.com

“Applicants should have genuine interest in developing a stablecoin issuance business in Hong Kong with a reasonable business plan, and their proposed operations under the sandbox arrangement will be conducted within a limited scope and in a risk-controllable manner,” the HKMA notice said.

www.coindesk.com

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