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Wu Blockchainยท2025-08-19 11:32
Lawyer Gilbert Ng on Hong Kong's Stablecoin Law:Stablecoin Law only regulates stablecoins issued in Hong Kong or pegged to the Hong Kong dollar; USDT and USDC are not within its scope, and OTC trading remains legal. Although the law does not mandate KYC, regulators in practice prefer closed-loop models. OTC regulation is still unclear, and retail trading rights remain uncertain.Read morehttps://t.co/FZXBkF7aBe ...