Hong Kong regulator reviewing stablecoin licence applications under the new Stablecoin Ordinance in March 2025.
Ethereum News

HKMA Stablecoin Licences: Hong Kong’s Pivotal March 2025 Regulatory Milestone

Hong Kong, February 2025: The Hong Kong Monetary Authority (HKMA) is poised to issue the city’s first stablecoin issuer licences in March, marking a pivotal regulatory milestone for the digital asset industry. HKMA Chief Executive Eddie Yue confirmed the imminent licensing phase, noting that regulators anticipate granting only a limited number of approvals as they […]