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    Question

    What is the goal of Hong Kong's new Stablecoins

    Ordinance, enforced in August 2025?  
    A Promote crypto mining by government agencies Correct Answer Incorrect Answer
    B Ban all blockchain-based assets Correct Answer Incorrect Answer
    C Regulate stablecoins via mandatory licensing and reserves Correct Answer Incorrect Answer
    D Make Bitcoin legal tender Correct Answer Incorrect Answer
    E Launch national digital stablecoin Correct Answer Incorrect Answer

    Solution

    Explanation:  To avoid past collapses like  Terra’s UST , Hong Kong now mandates that  stablecoin issuers be licensed , maintain   sufficient reserves , and follow  AML protocols .

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