huangjunshuo

⚖️💰‼️Stablecoin Regulation Pushed for Legal Protection & Investor Security ⚖️💰‼️

Digital Assets Pegged to Fiat Currencies⚖️💰‼️

#HuangJunshuo ,Member of the Legislative Committee on the #Stablecoins Ordinance, has urged regulators to strengthen oversight on stablecoins

🔑 Key Points:

Stablecoins’ real-world applications are still evolving.

Huang called for faster licensing of issuers and a public list of licensed operators.

Only licensed issuers and trading platforms approved by the Monetary Authority or the Securities and Futures Commission should be trusted.

This framework ensures legal protection and safeguards investors’ rights.

Huang emphasized that regulated stablecoins could provide investment security and transparency, making them safer for public adoption.

source: Foresight News

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