Xu Zhengyu expects to issue some stablecoin licenses early next year, prioritizing prudent reserve management, price stability, and anti-money laundering measures. As of the end of September, Hong Kong has received 36 applications. License applications have high thresholds, and only a few licenses will be issued in the initial phase. #稳定币 #Hong Kong #监管 # Investor Rights
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Xu Zhengyu expects to issue some stablecoin licenses early next year, prioritizing prudent reserve management, price stability, and anti-money laundering measures. As of the end of September, Hong Kong has received 36 applications. License applications have high thresholds, and only a few licenses will be issued in the initial phase. #稳定币 #Hong Kong #监管 # Investor Rights