![Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox](https://btcusa.com/wp-content/uploads/2024/03/Hong-Kong-Monetary-Authority-Launches-Stablecoin-Issuer-Sandbox-678x381.jpg)
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On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into the sandbox does not imply endorsement or support for […]
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