Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial stability, they have potential to be incorporated into the market. The Hong Kong Monetary Authority thinks stablecoins have potential In a discussion paper that The post Hong Kong’s Central Bank Says Stablecoins Have Capacity To Enter Mainstream Financial System appeared first on CoinGape.
