Hong Kong’s stablecoin regulations require issuers of fiat-backed stablecoins to maintain a minimum capital of HK$25 million, ensuring financial stability and 1:1 redemption with fiat currency. This framework, overseen by the Hong Kong Monetary Authority, promotes investor protection and supports the growth of the virtual asset ecosystem through rigorous audits and asset backing rules. Minimum […]
Source: https://en.coinotag.com/hong-kong-sets-hk25-million-capital-minimum-for-fiat-backed-stablecoin-issuers
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