Hong Kong to introduce stablecoin auditing guidelines in 1-3 years
PositiveCryptocurrency

Hong Kong plans to introduce auditing guidelines for stablecoins within the next 1-3 years, according to Sun Deji, chairman of the Hong Kong Institute of Accountants and Financial Reporting. This move aims to enhance regulatory clarity in the cryptocurrency space.
Editor’s Note: The introduction of auditing guidelines for stablecoins is significant as it reflects Hong Kong's commitment to establishing a robust regulatory framework for cryptocurrencies. This could boost investor confidence and promote the growth of the digital asset market in the region.
— Curated by the World Pulse Now AI Editorial System