On August 19, 2025, Hong Kong launched the Digital Asset Anti-Money Laundering Committee (DAAMC), aiming to set higher compliance standards for stablecoins. Its formation includes industry leaders, underscoring a collaborative approach toward AML and CFT regulations.
Industry leaders are optimistic about the DAAMC’s role in improving regulatory frameworks. Julia Leung, CEO of SFC, emphasized that this initiative aims to balance النمو والتقدم within the crypto industry, ensuring robust investor protection while facilitating market liquidity.
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