Hong Kong is considering curbing retail trading of stablecoins to protect investors and regulate the crypto industry. Stablecoins are designed to maintain a stable value, typically by being pegged to a fiat currency. Regulators have raised concerns about the risks associated with stablecoins, including fraud and the lack of central bank backing. The SFC is reportedly considering requiring crypto exchanges to obtain a license before offering stablecoin trading to retail investors implementing stricter KYC/AML procedures and holding customer assets in segregated wallets.
LIVE
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
