# Terminal 3— Empower a more equitable digital future

## Global Regulations

**Guide to Stablecoin Regulation in Asia: Hong Kong & Singapore**

### TL;DR

* Hong Kong and Singapore are at the forefront of stablecoin regulation in Asia, each constructing frameworks aimed at balancing innovation, financial stability, and trust.
* Hong Kong has implemented an extensive, mandatory licensing regime for fiat-backed stablecoins.
* Singapore has developed a tiered model under revised [Payment Services Act](https://blog.terminal3.io/guide-to-stablecoin-regulation-in-asia-hong-kong-singapore/).

## Global Regulations

**Vietnam Legalises Digital Assets Under New Digital Technology Law**

Discover how Vietnam’s Digital Technology Law defines crypto assets, mandates strong KYC / AML controls, and how Terminal 3’s ZKP identity rails keep firms compliant. [Read more.](https://blog.terminal3.io/vietnam-digital-assets-law/)