Hong Kong Launches World’s First Stablecoin Regulatory Model, HKD Stablecoin May Redefine Cross-border Payment Landscape
Hong Kong’s Stablecoin Ordinance will officially take effect on August 1st. This comprehensive regulatory framework, the world’s first for fiat-denominated stablecoins, is attracting widespread attention in global financial markets. Song Ke, Executive Vice President of the Shenzhen Research Institute of Renmin University of China, stated in an interview that the

