Hong Kong Warns of Stablecoin Market Hype as Licensing Nears

The Hong Kong Monetary Authority (HKMA) has issued a cautionary message amid growing excitement in the digital asset industry. With stablecoin regulations set to take effect next month, HKMA CEO Eddie Yue said the market has become “overly excited” and warned that only a few licenses will be granted initially. Stablecoin Enthusiasm Outpacing Regulatory Reality … Continue reading Hong Kong Warns of Stablecoin Market Hype as Licensing Nears