Source: Tech – South China Morning PostHong Kong’s highly anticipated first batch of stablecoin licences did not materialise as expected by the end of March.
Industry players said the delay may be caused by a slower-than-expected review process, adding that it could also be due to the regulators’ cautious stance towards launching the first batch of regulated stablecoin licences as the city seeks to cement its status as a digital-asset hub.
“I don’t think [the delay] is caused by the market,” said Jack Poon, a member of the task force…Read More