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Hong Kong proceeds with stablecoin plans despite Beijing's reservations

February 11, 2026 at 01:27 AM
By CNBC

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Hong Kong's Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China's prohibitions on crypto.

Analysis & Context

Hong Kong's Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China's prohibitions on crypto. Hong Kong proceeds with stablecoin plans despite Beijing's reservations. Stay informed with the latest developments and expert analysis on this important story.

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Hong Kong's Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China's prohibitions on crypto.

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