Techub News消息据《明报》报道，Hong Kong Secretary for Financial Services and the Treasury, Xu Zhengyu, stated that the Monetary Authority is currently consulting the market on the implementation of regulatory guidelines, which will be announced this month. The specific content will involve AML and other related requirements. He also indicated that the number of stablecoin licenses issued will be single digits, hoping to receive applications after the regulations come into effect, with a goal to issue licenses within this year. Regarding whether financial institutions can issue stablecoins pegged to the Renminbi after obtaining a license, he said that if it involves currencies from other jurisdictions, discussions with the relevant authorities will be necessary.
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Techub News消息据《明报》报道，Hong Kong Secretary for Financial Services and the Treasury, Xu Zhengyu, stated that the Monetary Authority is currently consulting the market on the implementation of regulatory guidelines, which will be announced this month. The specific content will involve AML and other related requirements. He also indicated that the number of stablecoin licenses issued will be single digits, hoping to receive applications after the regulations come into effect, with a goal to issue licenses within this year. Regarding whether financial institutions can issue stablecoins pegged to the Renminbi after obtaining a license, he said that if it involves currencies from other jurisdictions, discussions with the relevant authorities will be necessary.