Legislation on stablecoins a milestone for Hong Kong Stablecoins: New possibilities opened up for cross-border use of digital yuan

The Hong Kong SAR passed the #StablecoinsBill, establishing a licensing regime for fiat-referenced stablecoins issuers. May 30 when it was gazetted into law as the #Stablecoins #Ordinance.
#eCNY #DigitalYuan #StableCoin #Bitcoin #SWIFT #CIPS #CryptoNews
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