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

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

February 2, 2026 j n

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 […]