“Subject to the consultation outcomes and progress of the preparatory work, the Government will submit bills on the above licensing regimes to the Legislative Council as soon as practicable,” Secretary for Financial Services and the Treasury Christopher Hui said in a written reply to a question about regulating crypto trading.
Related posts
-
Stablecoin Giant Circle Is Launching a New Payments and Remittance Network
Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross... -
Firing Jerome Powell will crash financial markets — Sen. Elizabeth Warren
US Senator Elizabeth Warren warned that if President Donald Trump eventually moves to fire Federal Reserve... -
Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68
The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar...