Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Coin-turk.com

2023-08-25 15:54:49

Hong Kong’s Monetary Authority Accelerates Crypto Regulation Efforts

Hong Kong’s Monetary Authority Accelerates Crypto Regulation Efforts

According to a news article shared by Wu Blockchain, a China-based blockchain news source, the Hong Kong Monetary Authority has started working on creating a regulatory framework for stablecoins, which are cryptocurrencies pegged to fiat currencies. One of the main goals of these efforts is to advance in the field of Central Bank Digital Currencies (CBDC).The post Hong Kong’s Monetary Authority Accelerates Crypto Regulation Efforts appeared first on COINTURK NEWS.

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