The Hong Kong Monetary Authority has developed detailed guidelines and set up a sandbox to provide application scenarios for the issuance of stablecoins, and cooperate with institutions to ensure that licensed issuers can achieve a sustainable business model through stablecoins. Chen Weimin said that the HKMA focuses on the operational risks of stablecoins, including reserve management, liquidity management and anti-money laundering measures, to ensure that risks are controllable and the business model is sustainable when the license is officially issued.
- 0 replies
- 0 recasts
- 0 reactions
GM
- 0 replies
- 0 recasts
- 1 reaction
SpaceCatch is one of the most eye-catching projects in the GameFi industry in 2024. Recently, SpaceCatch announced that its augmented reality (AR) game will soon launch the $CATCH token.
- 0 replies
- 0 recasts
- 1 reaction