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Deacons has collaborated with Rajah & Tann to present the Fintech Legal Guide for Hong Kong and Singapore. In this Guide, our Corporate Finance Senior Associate Chris Wong has shared his insights on stablecoins, the content of which has also been recorded in the video “Hong Kong FinTech Legal Guide – Stablecoins”.
In this video, Chris highlights the regulatory regime being proposed by the Financial Services and Treasury Bureau and the Hong Kong Monetary Authority for stablecoins in Hong Kong. Issuers of fiat-referenced stablecoins will be expected to meet a set of conditions before being issued a license. He highlights how this forms a part of the effort by the Hong Kong government and regulators in Hong Kong to create a regulatory environment that facilitates and encourages the development and establishment of new digital finance products, services and technologies.
The Fintech Legal Guide for Hong Kong and Singapore can be viewed here: https://www.deacons.com/sector/fintech/
Learn more about our Financial Services practice here: https://www.deacons.com/legal-service…
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