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Hong Kong’s monetary authority (HKMA) has finalized the new rules For companies that issue stableDigital Tokens related to the Fiat Currencies.
The departure of August 1These drives apply to the firms who try to operate legally in the city.
The new frame Outline the monitoring process for issuance and steps must take to prevent the launder washing and terrorist funding. I am
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To support this effort, the hkma launch a public emission list of licensed. This online register is intended to help the public check if a company is officially approved.
The hkma has warned people who be prudent than any business they already asked or in the process of being approved. It’s stressed that you have stable to steady by the unlimited embragers come with the personal risk.
Eddie uses, Hkma Cheim, they did the attention recognize around the establishesi led to the commodities of business that looked for proportion.
He said that many companies apply or failed to introduce clear, realistic or lacking the necessary technical skills to operate such systems. Because of this, the Regulator plan to issue only a few licenses at the beginning. I am
The Hkma asked the business to get in touch by August 1, when the rules have effect. Those hoping to be part of the first batch must send in their full applications on September 30.
Recently the South Americie political parties introduced separate plans to regulate the stable (thing includes each proposal? Read the full story. I am
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