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Hong Kong-based stablecoin issuers should obtain a license in order to operate in the city and cater to retail investors. That's according to a consultation paper from the Hong Kong Monetary Authority (HKMA), the city’s central bank, and the Financial Services and the Treasury Bureau (...

Hong Kong’s financial regulator has issued a circular to indicate that it is ready to accept spot crypto exchange-traded fund (ETF) applications. What Happened: The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) announced that they have received a rising...