📣[Hong Kong's significant stablecoin regulatory framework is implemented! Chan Mo-po: Balancing safety and innovation to ensure financial stability | Crypto Navigator Fei Yu's interpretation]
Hong Kong's Financial Secretary Paul Chan reiterated at the Belt and Road Summit that Hong Kong adopts a "prudent and risk-based" core approach to the regulation of virtual assets and stablecoins, with the primary goal of ensuring the stability of investors and the financial system.
🔍 Core Regulatory Principles
1. Balance of Security and Innovation: Hong Kong recognizes stablecoins as a brid
View OriginalHong Kong's Financial Secretary Paul Chan reiterated at the Belt and Road Summit that Hong Kong adopts a "prudent and risk-based" core approach to the regulation of virtual assets and stablecoins, with the primary goal of ensuring the stability of investors and the financial system.
🔍 Core Regulatory Principles
1. Balance of Security and Innovation: Hong Kong recognizes stablecoins as a brid