Hong Kong to Vet Stablecoin Holders, Operations Over $8,000 to Be Scrutinized

The Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders volition beryllium verified utilizing KYC methods to alleviate fiscal risks derived from the usage of these assets. The authorization explained that 3 types of institutions volition beryllium allowed to exert these verifications. HKMA: Hong Kong to Verify Stablecoin Users Hong Kong is present gearing […]