Hong Kong Freezes Stablecoin Rollout, Leaving HSBC, Standard Chartered Waiting

Source: Bitcoinist

Hong Kong Freezes Stablecoin Rollout, Leaving HSBC, Standard Chartered Waiting
Hong Kong has postponed its first batch of stablecoin licenses amid money laundering concerns that could warrant stricter KYC rules. Hong Kong Has Delayed Its Initial Batch Of Stablecoin Licenses As reported by Wu Blockchain, citing coverage from Caixin, Hong Kong has postponed the issuance of its f