Remove Distributed Ledger Technology (DLT) Remove Legal Framework Remove Stablecoins
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Hong Kong Consults on Proposed Regulations to Prudential Treatment of Cryptoasset Exposures

Global Fintech & Digital Assets

The Consultation Paper comes shortly after the Financial Services and the Treasury Bureau and the HKMA issued a consultation paper in December 2023 outlining their legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (see this Latham blog post ). reference assets). reference assets).

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Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

While digital infrastructure is advancing, including cloud-native solutions and distributed ledger technologies (DLT), legal frameworks are still rooted in outdated assumptions, creating friction in what should be frictionless systems. Stablecoins: Solution or shortcut?