Hong Kong proposed a new insurance capital framework allowing limited crypto exposure, imposing a 100% capital charge on unbacked crypto assets, while regulated stablecoins receive differentiated risk treatment based on fiat backing, balancing digital asset growth with strict financial safeguards.

Hong Kong proposed a new insurance capital framework allowing limited crypto exposure, imposing a 100% capital charge on unbacked crypto assets, while regulated stablecoins receive differentiated risk treatment based on fiat backing, balancing digital asset growth with strict financial safeguards.
Cryptonews •
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