Dubai and Hong Kong Simplify Licensing

[johnblockbuster]

Dubai’s VARA released Version 2.0 of its crypto rulebook, consolidating fragmented guidance into a clear, activity-based licensing framework with defined compliance deadlines. Hong Kong followed with a dedicated stablecoin framework after sandbox testing, offering capital requirements and reserve standards for fiat-referenced stablecoin issuers.

Both jurisdictions now provide structured, transparent pathways for local and international firms to operate legally.

[cryptohog]

HK stablecoin framework sounds solid