According to Wu, Chen Weimin, deputy director of the Hong Kong Monetary Authority, revealed at the HSBC Global Investment Summit that the HKMA has made good progress in the regulatory framework for stablecoin issuance. The relevant bill is being reviewed by the Legislative Council and is expected to be promulgated in the coming months.
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According to PANews, Missouriโs Bitcoin Reserve Bill HB1217 has been submitted to the House Special Committee on Intergovernmental Affairs. This is one of the lagging state-level SBRs, entering the committee stage six weeks after being proposed.
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KangaMoon (KANG) is a new community-driven memecoin that stands out as a trusted safe haven for buyers.
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