TOP LATEST FIVE STABLECOIN LEGISLATION URBAN NEWS

S. lender accounts owned because of the issuer. These reserves are routinely audited by impartial accounting companies, generally month to month, with specifics on its holdings prominently printed for community viewing. Some stablecoins are backed by other commodities like treasured metals, oil as well as real estate, although 1:1 redemption of yo

In the proposal, the FSTB and HKMA reference feedback from consultation members, current market developments, and Global dialogue on stablecoins in its determination to "consider forward the legislative proposal to apply a regulatory regime for issuers of fiat-referenced stablecoin (FRS) in Hong Kong." to cut back settlement risk, there need to be