Researchers at the Bank for International Settlements (BIS) found that stablecoin issuance restrictions across five major jurisdictions target only the issuing entity, not its broader corporate group. Other group members may, after securing separate authorization, engage in additional activities the issuer cannot. Hong Kong, the UK and the EU have taken a less restrictive path, letting issuers pursue extra activities once licensed. The findings highlight differing regulatory balances between risk prevention and innovation.
Techub News, citing Cointelegraph, says researchers at the Bank for International Settlements (BIS) found that stablecoin issuance restrictions in five major jurisdictions hit only the issuing entity itself, not the wider corporate group. Other companies in that group can, after getting separate authorization, carry out extra activities the issuer itself is barred from doing.
The research says Hong Kong, the UK and the EU took a looser approach, letting issuers carry out extra activities after regulatory approval. So the takeaway is pretty direct: jurisdictions differ in how they balance risk prevention against pushing innovation. (Cointelegraph)
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