Hong Kong Finalizes Stablecoin Rules, Launches Public Registry to Bolster Digital Asset Oversight

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Hong Kong's financial regulator has finalized its stablecoin rules, set to take effect on August 1st. The Hong Kong Monetary Authority (HKMA) has also launched a public registry for licensed stablecoin issuers. This move aims to bring greater oversight and transparency to the burgeoning digital asset market in the region, while also combating potential scams.

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