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Hong Kong's Stablecoin Rules Kick In

Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials
The special administrative region of China has taken steps in recent years to strengthen its position in the industry en route to realising its goal of becoming a hub for crypto and Web3 in Southeast Asia. It established a regulatory framework for crypto exchanges more than two years ago, and started consulting on stablecoin rules in 2023.
Hong Kong’s Stablecoin Regime to Begin After US Sets Pace
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.
First Hong Kong stablecoin licences may be issued early next year, HKMA says
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.
HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future as it kicks off today
Observers surprised after the city’s de-facto central bank says it plans to issue the first batch of licences early next year.
Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub
Hong Kong’s new stablecoin licensing regime takes effect, tightening rules as the city vies for a global crypto edge.
Hong Kong to Enforce KYC Checks for Stablecoin Transactions Above $8,000
Hong Kong mandates KYC for stablecoin transactions above $8,000, aiming to reduce financial crime and strengthen regulatory oversight.
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
Stablecoin-exposed shares in Hong Kong sank sharply amid fresh rules, but analysts argue the selloff reflects a constructive market correction.
Hong Kong Rolls Out Stablecoin Rules to Boost Financial Stability
Hong Kong implements a robust stablecoin licensing framework effective August 1, 2025, to enhance financial stability and investor protection
Hong Kong launches stablecoin licensing regime
Following Hong Kong’s stablecoin rules, analysis from sources reveals that around 50 businesses are expected to apply for the permits. However, the HKMA stated that they will have “a high bar” for licensing and only “a few licences” will be issued at the outset.
Hong Kong raises $1.5 billion in July as new stablecoin rules take effect
Hong Kong has entered a new phase in digital finance with the introduction of its Stablecoin Ordinance on August 1, a move designed to establish the city as a key crypto hub in Asia. The law requires companies issuing stablecoins to obtain licences from the Hong Kong Monetary Authority (HKMA),
Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to ...
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Hong Kong Fintech RD Technologies Nabs $40M as Stablecoin Deadline Looms
As the new regulations become effective and buzz in the industry, Hong Kong-based RD Technologies attracts a $40 million ...