The Future of Crypto Payroll: Stablecoins in Asia
It seems stablecoin salaries are about to take off in Asia, especially with regulations tightening around stablecoins. I guess this means that companies are looking for a way around the traditional payment methods while still being compliant. But that’s not the only thing this change brings, right? There are challenges too. Let’s dive into it.
Hong Kong’s regulatory framework
First up, Hong Kong is finally getting a regulatory framework for stablecoins. The HKMA is expected to roll it out by August 2025, establishing a clear licensing regime for stablecoin issuers. They are going to have to comply with AML and CFT measures. The HKMA is also emphasizing high-quality asset reserves and physical operations in Hong Kong. And they’re…
