Wu Blockchain (@WuBlockchain): The Hong Kong Legislative Council has passed the Stablecoin Bill in its third reading today. It is expected that before the end of this year, institut…
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The Hong Kong Legislative Council has passed the Stablecoin Bill in its third reading today. It is expected that before the end of this year, institutions can apply to the Hong Kong Monetary Authority to become compliant stablecoin issuers. Stablecoins must use legal tender as underlying assets. https://t.co/Y2Dso3BUwk