PANews reported on October 29th that, according to AASTOCKS, Hong Kong Secretary for Justice Lam Ting-kwok stated that virtual asset trading is becoming increasingly active, with most transactions conducted through virtual asset trading platforms. Many investors deposit virtual assets on these platforms to earn returns. In recent years, digital assets pegged to fiat currencies, known as "stablecoins," have rapidly emerged. Anyone issuing fiat currency stablecoins in Hong Kong or claiming to be pegged to the Hong Kong dollar must apply for a license from the Monetary Authority of Hong Kong. Such individuals must comply with regulations regarding reserve asset management and redemption, including properly segregating client assets and maintaining sound stability mechanisms.PANews reported on October 29th that, according to AASTOCKS, Hong Kong Secretary for Justice Lam Ting-kwok stated that virtual asset trading is becoming increasingly active, with most transactions conducted through virtual asset trading platforms. Many investors deposit virtual assets on these platforms to earn returns. In recent years, digital assets pegged to fiat currencies, known as "stablecoins," have rapidly emerged. Anyone issuing fiat currency stablecoins in Hong Kong or claiming to be pegged to the Hong Kong dollar must apply for a license from the Monetary Authority of Hong Kong. Such individuals must comply with regulations regarding reserve asset management and redemption, including properly segregating client assets and maintaining sound stability mechanisms.
Hong Kong Secretary for Justice: Any entity issuing stablecoins pegged to the Hong Kong dollar, whether in Hong Kong or outside Hong Kong, must apply for a license.
PANews reported on October 29th that, according to AASTOCKS, Hong Kong Secretary for Justice Lam Ting-kwok stated that virtual asset trading is becoming increasingly active, with most transactions conducted through virtual asset trading platforms. Many investors deposit virtual assets on these platforms to earn returns. In recent years, digital assets pegged to fiat currencies, known as "stablecoins," have rapidly emerged. Anyone issuing fiat currency stablecoins in Hong Kong or claiming to be pegged to the Hong Kong dollar must apply for a license from the Monetary Authority of Hong Kong. Such individuals must comply with regulations regarding reserve asset management and redemption, including properly segregating client assets and maintaining sound stability mechanisms.
Market Opportunity
CyberKongz Price(KONG)
$0.001531
$0.001531$0.001531
USD
CyberKongz (KONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
What Could Help Pi Coin Rebound?
The post What Could Help Pi Coin Rebound? appeared on BitcoinEthereumNews.com. Pi Coin has extended its decline for a third straight week, falling sharply from
Share
BitcoinEthereumNews2025/12/19 21:09
Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued
The post Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued appeared on BitcoinEthereumNews.com. American-based rock band Foreigner performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 8, 1981. Pictured are, from left, Mick Jones, on guitar, and vocalist Lou Gramm. (Photo by Paul Natkin/Getty Images) Getty Images Singer Lou Gramm has a vivid memory of recording the ballad “Waiting for a Girl Like You” at New York City’s Electric Lady Studio for his band Foreigner more than 40 years ago. Gramm was adding his vocals for the track in the control room on the other side of the glass when he noticed a beautiful woman walking through the door. “She sits on the sofa in front of the board,” he says. “She looked at me while I was singing. And every now and then, she had a little smile on her face. I’m not sure what that was, but it was driving me crazy. “And at the end of the song, when I’m singing the ad-libs and stuff like that, she gets up,” he continues. “She gives me a little smile and walks out of the room. And when the song ended, I would look up every now and then to see where Mick [Jones] and Mutt [Lange] were, and they were pushing buttons and turning knobs. They were not aware that she was even in the room. So when the song ended, I said, ‘Guys, who was that woman who walked in? She was beautiful.’ And they looked at each other, and they went, ‘What are you talking about? We didn’t see anything.’ But you know what? I think they put her up to it. Doesn’t that sound more like them?” “Waiting for a Girl Like You” became a massive hit in 1981 for Foreigner off their album 4, which peaked at number one on the Billboard chart for 10 weeks and…
Share
BitcoinEthereumNews2025/09/18 01:26
Why BitDelta’s Winter WonderTrade Stands Out
The post Why BitDelta’s Winter WonderTrade Stands Out appeared on BitcoinEthereumNews.com. Crypto Projects As the crypto market widens in scope and participation
Share
BitcoinEthereumNews2025/12/19 21:26