13 Mar Stablecoin sandbox launches in Hong Kong, as companies make plans for cryptocurrencies pegged to local currency
Posted at 00:00h
in Asia
Hong Kong’s de facto central bank has announced the launch of a stablecoin “sandbox”, allowing companies to trial cryptocurrency tokens pegged to fiat currency in the city, the Hong Kong Monetary Authority (HKMA) announced on Tuesday.The purpose of the sandbox is to allow for stablecoin...