Cryptonews.com
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22:05 May 21, 2025
Hong Kong has passed its Stablecoin Bill in a third reading, setting a detailed licensing path for fiat-backed tokens. By clarifying backing rules and interest treatment, the city has positioned itself as a regulated hub and invited banks and crypto firms to file with the HKMA before 2025. The post Hong Kong Passes Stablecoin Bill, Paving Way for Licensing Regime by Year-End appeared first on Cryptonews.