Aave faces $51 million funding vote dispute as Hong Kong readies first stablecoin licenses in March

Aave's governance rift deepened on Wednesday when Aave Chan Initiative founder Marc Zeller released an "audit" disputing Aave Labs' financial transparency ahead of a proposed $51 million DAO funding round. Over the same period, Hong Kong announced plans to issue its first fiat-referenced stablecoin issuer licenses in March and outlined broader crypto regulatory measures.