- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
吴杰庄 on "Hong Kong Compliance Stablecoin Holder Identity Verification Requirement": The HKMA will implement KYC rules, but the specific approach will be submitted by the stablecoin issuer.
BlockBeats News, July 30th, Wu Jiezhuang explained the "Hong Kong Compliance Stablecoin Holder Identity Needs Real-Name Verification". He stated that the Hong Kong Monetary Authority (HKMA) will indeed implement KYC rules, but the specific implementation method has not been fully determined yet, and real-name verification is just one of the methods. Wu Jiezhuang emphasized that the specific plan will be submitted to the HKMA by the stablecoin issuer, and upon obtaining the HKMA's satisfaction and approval, it can be implemented. In addition, compared to cash, the KYC rules related to stablecoins will be more stringent. (Techub News)
You may also like
The first large-scale adoption of a "yield-bearing stablecoin" was in China
Coinbase Recognized as a Top Fintech Pick for 2026 by Clear Street
Key Takeaways: Coinbase has been identified as one of the top three fintech stock picks for 2026 by…
Amplify ETFs for Stablecoins and Tokenization Begin Trading
Key Takeaways Amplify’s newly launched ETFs focus on tracking companies contributing to the development of stablecoins and tokenization…
Hong Kong Moves Forward with Licensing Regimes for Virtual Asset Dealers and Custodians
Key Takeaways Hong Kong’s FSTB and SFC are implementing new licensing requirements for virtual asset dealers and custodians…
Key Market Insights for December 18th, How Much Did You Miss Out On?
Paradigm Bets on Brazil: The New Battlefield for Stablecoins Isn't in the US
x402 V2 Release - What are the Key Highlights? 1. **Improved Performance**: The x402 V2 release brings significant performance enhancements, allowing for faster transaction processing and validation. 2. **Enhanced Security**: With new security featur...
Three Titans Jointly Bet, Abu Dhabi Becomes "Crypto Capital"
Bet on LUNA, $1.8 Billion on the Line in Do Kwon's High-Stakes Gamble
The Fintech 4.0 era is approaching, and a deep understanding of users will become a core competitive advantage
EU Crypto Regulations and Global Concerns: IMF’s Stablecoin Warnings and Market Dynamics
Key Takeaways The European Union is intensifying its regulatory framework for cryptocurrencies, with discussions on expanding the role…
StableChain Unveils USDT-Powered Mainnet, Introducing New Dynamics in the Stablecoin Arena
Key Takeaways StableChain has launched with a mainnet utilizing USDT for gas fees, aimed at stablecoin transaction efficiency.…
1000 Stablecoin Banks: Who Will Emerge as the Ultimate Winner?
Stable is having its TGE tonight, will the market still buy into the stablecoin public blockchain narrative?
The Drive Toward a Euro-Pegged Stablecoin: EU Banks’ Ambitious Plans
Key Takeaways A consortium of 10 European banks aims to introduce a euro-pegged stablecoin by 2026, under the…
Unlimit’s Pioneering Role in Stablecoin Infrastructure Development
Key Takeaways: Unlimit launches a cutting-edge non-custodial stablecoin clearinghouse, enhancing global fintech adoption. The platform aims to simplify…
Sony’s Ambitious 2026 Stablecoin Launch for PlayStation Payments and Beyond
Key Takeaways: Sony Bank is preparing to launch a US dollar-pegged stablecoin in 2026 to facilitate payments across…
FDIC’s Regulatory Framework for Stablecoins: GENIUS Act Advances Set for December
Key Takeaways The U.S. FDIC is poised to propose initial regulations under the GENIUS Act concerning stablecoin issuers…
The first large-scale adoption of a "yield-bearing stablecoin" was in China
Coinbase Recognized as a Top Fintech Pick for 2026 by Clear Street
Key Takeaways: Coinbase has been identified as one of the top three fintech stock picks for 2026 by…
Amplify ETFs for Stablecoins and Tokenization Begin Trading
Key Takeaways Amplify’s newly launched ETFs focus on tracking companies contributing to the development of stablecoins and tokenization…
Hong Kong Moves Forward with Licensing Regimes for Virtual Asset Dealers and Custodians
Key Takeaways Hong Kong’s FSTB and SFC are implementing new licensing requirements for virtual asset dealers and custodians…
Key Market Insights for December 18th, How Much Did You Miss Out On?
Paradigm Bets on Brazil: The New Battlefield for Stablecoins Isn't in the US
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App