What is the goal of Hong Kong's new Stablecoins

Q: Answer-What is the goal of Hong Kong's new Stablecoins Ordinance, enforced in August 2025?

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

Ordinance, enforced in August 2025?

A Promote crypto mining by government agencies

B Ban all blockchain-based assets

C Regulate stablecoins via mandatory licensing and reserves

D Make Bitcoin legal tender

E Launch national digital stablecoin

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What is the goal of Hong Kong's new Stablecoins

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