Consultation paper – Legislative Proposal to Implement the Regulatory Regime for Stablecoin Issuers in Hong Kong

 

The DTI Foundation and its Product Advisory Committee responded to the joint Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) public consultation paper to gather views on the legislative proposal to regulate issuers of stablecoins.

 

The response outlines how the DTI facilitates various objectives set out within the consultation paper, specifically in addressing disclosure requirements through (i) the identification of DLT networks and digital tokens and (ii) the assessment of risks associated with cryptoasset technology.

 

See the full response here.