“The approach has taken into account, among other things, the international recommendations, the market and regulatory landscape locally and in other major jurisdictions, and the characteristics of payment-related stablecoins,” the announcement says. To facilitate the stakeholders in sharing their views, the HKMA has highlighted certain issues in the form of questions and answers in the paper.
Hong Kong Monetary Authority Issues Discussion Paper on Crypto Assets and Stablecoins, Seeks Views on Approach
