
Hong Kong passes stablecoin bill as more governments recognize the digital asset newsthirst.
The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Hong Kong passed a stablecoin bill on Wednesday to expand its cryptocurrency licensing regime as more governments recognize the digital asset. Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or commodities like gold….