Hong Kong has built a stablecoin fortress: full reserves, strict custody rules, and strong consumer protections. But only two licences were approved out of 36 applications, raising questions about who can actually afford to participate. The framework may protect users better than many alternati...
Source: [HackerNoon](https://hackernoon.com/hong-kong-built-a-stablecoin-fortress-and-only-banks-got-in?source=rss)