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Wu Blockchain (@WuBlockchain): The Hong Kong Stablecoin Ordinance will officially take effect on August 1 this year. The Hong Kong Monetary Authority will open the license applicati…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

The Hong Kong Stablecoin Ordinance will officially take effect on August 1 this year. The Hong Kong Monetary Authority will open the license application. It is expected that only a single digit number will be issued, but more than 40 companies are currently preparing to apply. The applicants are basically the largest financial institutions and Internet companies in China. https://t.co/UiCleFsyco

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