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HKMA CEO Eddie Yue: Prudent and Sustainable Implementation of the Stablecoin Ordinance
2025-07-24 /
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Author：小编
Hong Kong's Stablecoin Ordinance will officially commence on August 1. On the 23rd, Eddie Yue, the Chief Executive of the Hong Kong Monetary Authority (HKMA), remarked that stablecoins, as an emerging payment instrument, hold positive implications for their integration into the traditional financial system through regulation. However, he cautioned that vigilance is crucial against market speculation, public misconceptions, and potential financial risks. Yue emphasized that the Ordinance will be executed adhering to principles of prudence and sustainability, ensuring the maintenance of financial stability.
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