Hong Kong proposes to specify the concept of stablecoin and bets on the value anchor regulation model.

The 21st Century Business Herald published an analysis titled "Hong Kong's 'Bet' on Stablecoins: A Key Move for an International Financial Center," which points out that Hong Kong has proposed the concept of "designated stablecoins," corresponding to a model of "value anchoring regulation." The concept of "designated stablecoins" refers to stablecoins that maintain stable value by referencing one or more official currencies, or units of account or forms of store of value designated by the Monetary Authority.

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EyeOfTheTokenStormvip
· 11h ago
Regulatory risks are huge, beware of T
Reply0
AltcoinMarathonervip
· 11h ago
Smart regulatory move HK
Reply0
DefiEngineerJackvip
· 11h ago
Regulatory alpha detected.
Reply0
HodlNerdvip
· 11h ago
Smart regulatory anchor plan
Reply0
CryptoCross-TalkClubvip
· 12h ago
Proposed a stable trap
Reply0
CryptoTherapistvip
· 12h ago
Let's unpack this anchor mindset
Reply0
TommyTeacher1vip
· 12h ago
Hong Kong is still visionary.
Reply0
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