HKMA Unveils Stablecoin Sandbox Participants, Ensuring ‘Sustainable and Responsible Development’
The Fintech Times
JULY 20, 2024
The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. Launched by HKMA in March 2024, the stablecoin issuer sandbox is part of the regulator’s efforts to facilitate responsible development of the stablecoin ecosystem in Hong Kong.
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