Don’t rule out algorithmic stablecoins, says Crypto Council in Hong Kong
THE CCI evaluated THE HKMA propose stable coin regulations And suggested moderation And acceptance of innovation.
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Collect This article as NFT Join We on social networksTHE Cryptocurrency Advice For Innovation (CCI) submitted A comment on THE propose stable coin regulatory diet In Hong Kong on THE last day of THE comment period. THE advocacy groups five pages letter content substantial critical of THE propose reserve And operational requirements And mounted A alive defense of algorithmic stable coins, which Hong Kong authorities had taken A weak see of.
THE Hong Kong Monetary Authority (HKMA) And Financial Services And THE Treasury desk (FSTB) released A consultation paper on Dec. 27. THE propose regulatory frame foreseen Licence stable coin transmitters that had A desk In Hong Kong with senior director here And reserves "has less equal has THE by value. »
"We applaud FSTB And HKMA For socket important First of all not In craftsmanship A regulatory concerning...
THE CCI evaluated THE HKMA propose stable coin regulations And suggested moderation And acceptance of innovation.
News
Own This piece of crypto history
Collect This article as NFT Join We on social networksTHE Cryptocurrency Advice For Innovation (CCI) submitted A comment on THE propose stable coin regulatory diet In Hong Kong on THE last day of THE comment period. THE advocacy groups five pages letter content substantial critical of THE propose reserve And operational requirements And mounted A alive defense of algorithmic stable coins, which Hong Kong authorities had taken A weak see of.
THE Hong Kong Monetary Authority (HKMA) And Financial Services And THE Treasury desk (FSTB) released A consultation paper on Dec. 27. THE propose regulatory frame foreseen Licence stable coin transmitters that had A desk In Hong Kong with senior director here And reserves "has less equal has THE by value. »
"We applaud FSTB And HKMA For socket important First of all not In craftsmanship A regulatory concerning...
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