Authors: Carl Fernandes, Kishore Bhindi, Chong Liew, I-Ping Soong

Stability on the Horizon – New Proposals for a Stablecoin Regime in Hong Kong SAR

Hong Kong is one step closer to a licensing and regulatory regime for stablecoins, but not every type of stablecoin will be eligible under the recent HKMA and FSTB proposals set out in their consultation paper. We look at some of the key takeaways to understand what kind of framework could be in place in the near future.