According to Hong Kong regulations, KYC/Wallet real-name = reliance on the amount triggered + roles of three licensed institutions (issuer, bank, and exchange) are divided, and it is not a priori a roadblock. In fact, Hong Kong does have stricter requirements for real-name verification of issuers in actual communication. • In terms of whether wallet real-name verification is required, Hong Kong, Singapore, and the EU have highly similar requirements. Hong Kong is not an exception! Moreover, the regulatory body for wallets in Hong Kong (SFC) is different from the regulatory body for stablecoins (HKMA)). In Singapore, it is all MAS. • Major companies have already established real-name KYC/AML payment systems for e-wallet/card payments, and this off-chain capability reflecting on-chain requires time and additional compliance costs. • The EU and the United States require that only licensed financial institutions can apply for stablecoin licenses, which has blocked many applicants. Currently, Singapore and Hong Kong have not made this explicit. #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分# #加密IPO热潮#

PUMP-4.92%
PROVE0.17%
GT0.38%
ETH3.39%
BTC-0.29%
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