Hong Kong Monetary Authority: Crypto assets (especially stablecoins) are one of the priorities for 2024

The Hong Kong Monetary Authority (HKMA) released its 2023 Annual Report on its official website today, which includes the financial statements of the Exchange Fund and its 2023 Sustainability Report. Crypto assets (especially stablecoins) are included in the 2024 priorities and outlook of the annual report. The HKMA pointed out that the public consultation on the regulation of stablecoin issuers will be conducted from December 2023 to February 2024.

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