On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into the sandbox does not imply endorsement or support for […]
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The European Securities and Markets Authority (ESMA) has urged EU crypto firms to stop providing services involving stablecoins that aren’t compliant with the Markets in Crypto-Assets Regulation (MiCA)...
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