Hong Kong Appoints Chair and Members for Stablecoin Review Tribunal

According to Odaily, the Chief Executive of the Hong Kong Special Administrative Region has appointed the chair and members of the Stablecoin Review Tribunal under the Stablecoin Ordinance (Chapter 656). Senior barrister Lan De Ye will serve as the chair, with panel members including Professor Huang Hao, Qiu Yuan Yun, Lu Zhi Hong, Mai Ye Cheng, Wu Jian Lin, and Xiao Zi Qian. The tribunal, established under the Stablecoin Ordinance, is tasked with reviewing specified decisions made by the Hong Kong Monetary Authority upon receiving appeals. This initiative aims to ensure that regulatory decisions are reasonable and fair.