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About LIS

Realis vision:The long term vision of the project is that Realis wants to build interesting games for our players with a user-friendly interface with cryptocurrency tokens and NFTs included. Realis already have a experience in the gaming industry, Realis will create another games and will connect them to architecture, everything will be covered by the website and users won't even notice that these games are based on blockchain, because no one won't be required to use decentralized wallets like Metamask for example. Realis wants to make a comfortable place for its players to enjoy the games and care less about the complexity of what's behind it.Most of the mobile games users didn't have any experience with the crypto and crypto wallets, so Realis will recommend them and teach them how to use wallets, also we have to recommend them exchanges with our currency.

Realis Network (LIS) is a cryptocurrency launched in 2022. LIS has a current supply of 3.00Bn with 0 in circulation. The last known price of LIS is 0.003920369688 USD and is -0.000125530411 over the last 24 hours. It is currently trading on active market(s) with $103,327.85 traded over the last 24 hours. More information can be found at https://realis.network.

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LIS Price Statistics
LIS’s Price Today
24h Price Change
-$0.0001255304113.10%
24h Volume
$103,327.8553.12%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8476
LIS Market Cap
Market Cap
$0
Fully Diluted Market Cap
$11.76M
LIS Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
LIS Supply
Circulating Supply
0
Total Supply
3.00Bn
Max Supply
0
Updated Jul 18, 2024 9:51 am
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LIS
Realis Network
$0.003920369688
$0.000125530411(-3.10%)
Mkt Cap $0
There's nothing here for now
Hong Kong Stablecoin Regulatory Consultation Summary: "Sandbox" Participants to be Announced; Issuers Must Set 100% Reserves; Providing Interest to Users is Prohibited
Hong Kong Stablecoin Regulatory Consultation Summary: "Sandbox" Participants to be Announced; Issuers Must Set 100% Reserves; Providing Interest to Users is Prohibited
The Hong Kong Treasury and the HKMA yesterday released a consultation summary on the legislative proposal to implement a regulatory regime for issuers of fiat stablecoins in Hong Kong. The vast majority of respondents agreed that there is a need to introduce a regulatory regime for issuers of fiat stablecoins to properly manage potential monetary and financial stability risks and provide transparent and appropriate regulations. The Treasury and the HKMA will finalize the legislative proposal to implement the regulatory regime in response to the opinions and suggestions of the respondents and submit the draft bill to the Legislative Council as soon as possible; the HKMA is also processing the "sandbox" application of stablecoin issuers and will announce the list of participants in the near future. According to the consultation, most respondents support the total value of the reserve assets of fiat stablecoins and the requirement to maintain full reserves at all times. Some respondents raised the potential difficulties of real-time reconciliation and the need to replenish the reserve assets from time to time to ensure that the market value of the reserve assets is at least equal to the face value of the fiat stablecoins in circulation. The authorities responded that insufficient reserve assets may prevent stablecoin users from redeeming all stablecoins at face value, leading to bank runs, and believed that the circulating fiat stablecoins must be fully supported by reserve assets at all times. In the future, licensees of fiat stablecoins will need to demonstrate to the Monetary Authority that they have measures in place (such as excess reserves) to comply with the requirements. In addition, the consultation paper proposes that the issuer's minimum paid-up share capital should be at least 2% of the total amount of fiat stablecoins in circulation, or HK$25 million, whichever is higher. Some respondents believe that it is difficult to maintain sufficient capital in a timely manner based on the circulation of fiat stablecoins. The authorities will change the minimum paid-up share capital requirement to HK$25 million, or 1% of the circulation of its stablecoins, whichever is higher. The Monetary Authority still retains the flexibility and power to impose additional capital requirements when necessary. It is worth noting that many respondents provided opinions on the sale of fiat stablecoins issued outside Hong Kong, and some respondents suggested that the sale of fiat stablecoins issued outside Hong Kong to retail investors could be allowed under regulatory criteria or due diligence. The authorities responded that many fiat stablecoins are currently not regulated by any regulatory system, and the potential risks of stabilization mechanisms and public use may cause concern. If other jurisdictions have established equivalent systems, the authorities will consider establishing a formal regulatory cooperation mechanism, such as mutual recognition or a "passport" arrangement. In addition, the authorities still prefer to maintain the establishment of a physical company in Hong Kong as one of the licensing criteria. The HKMA also pointed out that there is no prohibition on issuers from providing promotional offers, but issuers are not allowed to arrange with third parties to provide interest to users of fiat stablecoins. (Ming Pao)
Jul 18, 2024 9:36 am

Frequently Asked Questions

  • What is the all-time high price of Realis Network (LIS)?

    The all-time high of LIS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Realis Network (LIS) is 0. The current price of LIS is down 0% from its all-time high.

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  • How much Realis Network (LIS) is there in circulation?

    As of , there is currently 0 LIS in circulation. LIS has a maximum supply of 0.

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  • What is the market cap of Realis Network (LIS)?

    The current market cap of LIS is 0. It is calculated by multiplying the current supply of LIS by its real-time market price of 0.003920369688.

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  • What is the all-time low price of Realis Network (LIS)?

    The all-time low of LIS was 0 , from which the coin is now up 0%. The all-time low price of Realis Network (LIS) is 0. The current price of LIS is up 0% from its all-time low.

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  • Is Realis Network (LIS) a good investment?

    Realis Network (LIS) has a market capitalization of $0 and is ranked #8476 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Realis Network (LIS) price trends and patterns to find the best time to purchase LIS.

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