The future of money isn't coming-it's already here. And Hong Kong just wrote the first draft. In a world racing to regulate digital assets, Hong Kong has stepped boldly into the spotlight, launching one of the world's first comprehensive legal frameworks for stablecoins. Digital Currency Rising takes readers inside this historic financial milestone, revealing how a city long known as a global finance hub is now laying the foundation for a new era of trust, transparency, and innovation in digital finance. This timely and insightful book unpacks the new stablecoin law that went into effect in August 2025-detailing how it works, why it matters, and what it signals for the global economy. From strict licensing requirements and reserve mandates to robust AML/CFT standards, Hong Kong's playbook is setting the tone for next-generation financial systems. Inside, you'll explore: What stablecoins are and why they're critical to the future of payments How Hong Kong's law balances innovation with regulation Why the first licenses are limited-and who's lining up to get them How this move positions Hong Kong as a leader in digital finance The ripple effects across Asia-Pacific, the U.S., EU, and beyond What businesses, regulators, and investors must do to stay ahead Whether you're a fintech founder, crypto investor, policymaker, or simply a curious reader, Digital Currency Rising offers a clear and comprehensive guide to the world's most ambitious stablecoin experiment-and what it means for the future of global finance.
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