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Exclusive: Hong Kong Rolls Out Invite-Only Stablecoin Licensing – Who Made the Cut?
Exclusive: Hong Kong Rolls Out Invite-Only Stablecoin Licensing – Who Made the Cut?
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Hong Kong tightens the gates on stablecoin issuers—now it’s club rules only. No application forms, just golden tickets.
The city’s financial watchdogs are swapping open-door policies for velvet ropes, handpicking which crypto players get to play in the sandbox. Forget meritocracy—this is regulatory curation at its finest.
One cynical take? Another case of ‘innovation theater’ where access depends on who you wine-and-dine at the FSA’s annual gala. Because nothing says ‘decentralized future’ like a guest list.
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