according to the Hong Kong Economic Times, the Hong Kong Monetary Authority (HKMA) held a meeting on stablecoins at the end of last month. The meeting covered five main discussion topics, including the stablecoin guidelines proposed by the HKMA, the issuance mechanism, ecosystem collaboration, establishment of a dedicated group, and a focus on KYB (Know Your Business) and KYC (Know Your Customer). Attendees reportedly included institutions interested in applying for stablecoin issuance licenses, such as Ant Group, LianLian Pay, and the Hong Kong Stock Exchange. However, the HKMA did not have a representative present, while the HKMA was represented by Executive Director Eddie Yue and Director of Policy Research Arthur Yuen. The entire meeting lasted over 2 hours, and the HKMA has not yet responded to the meeting.
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