ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    What is the goal of Hong Kong's new Stablecoins

    Ordinance, enforced in August 2025? ┬а
    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: ┬аTo avoid past collapses like┬а TerraтАЩs UST , Hong Kong now mandates that┬а stablecoin issuers be licensed , maintain ┬а sufficient reserves , and follow┬а AML protocols .

    Practice Next
    More Daily Beepedia Current Affairs Questions

    Relevant for Exams:

    ask-question