Financial professionals in Hong Kong reviewing stablecoin license applications under new HKMA regulations.
Blockchain News

Stablecoin Licenses in Hong Kong: 36 Institutions Seek Approval in Landmark Regulatory Shift

Hong Kong, February 2025: The Hong Kong Monetary Authority (HKMA) has confirmed a significant milestone in its journey to become a regulated hub for digital assets. Thirty-six financial institutions have formally applied for stablecoin licenses, responding to the new regulatory framework established last year. This substantial interest underscores the financial sector’s commitment to operating within […]