Hong Kong’s de facto central bank intends to have another regulatory regime for crypto resources prepared by July, as the city strives with Singapore to turn into a critical center for the burgeoning area while simultaneously containing hazards. The Hong Kong Monetary Authority is right now drawing nearer the crypto business from three aspects: stablecoins that can be utilized for payments, investor protection and how approved institutions deal with digital resources, as per an assertion on its site. The HKMA plans to adopt a so-called “same risk, same regulation” approach to crypto, Chief Executive Eddie Yue said in the statement....