The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong Monetary Authority (HKMA) told a media briefing on Tuesday. Hong Kong's stablecoin bill is set to take effect on August 1.

A new set of rules governing stablecoin issuers in Hong Kong takes effect on Friday as Asian authorities step up regulatory efforts in response to President Donald Trump’s campaign to stoke the growth of tokens pegged to the US dollar.

Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying its future role

The Hong Kong Monetary Authority (HKMA) released guidelines on Tuesday for stablecoin issuers wanting to comply with its upcoming licensing regime for the sector. The final guidance covered rules on money laundering,

Emerging stablecoin regulations in Asia emphasize local currency-denominated coins. Hong Kong's new regime, which goes live on Aug. 1, could eventually pave the way for

Hong Kong will officially implement its new regulatory framework for stablecoin issuers on August 1, as the city moves to safeguard digital currency adoption through licensing, oversight, and a public issuer registry.

The Hong Kong Monetary Authority (HKMA) will roll out a six-month transitional arrangement for stablecoin issuers already operating in the city, as the territory’s new Stablecoin Ordinance comes into effect on August 1,