Hong Kong Ready to Issue First Stablecoin Licenses in March, Financial Secretary Says

Hong Kong ready to issue first stablecoin licenses in March, Financial Secretary says

Hong Kong will begin issuing a small number of stablecoin licenses to companies with credible business models and strong compliance, Paul Chan Mo-po said.

Hong Kong proceeds with stablecoin plans despite Beijing's reservations

Hong Kong's Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China's prohibitions on crypto.

Hong Kong to Issue Stablecoin Licenses in March

Hong Kong authorities have confirmed that stablecoin licensing is set to begin in March, reinforcing the city’s Web3 ambitions, according to a report by RTHK. Officials said the new framework will formally regulate issuers and strengthen oversight of digital asset activities. The licensing regime is designed to bring stablecoin issuers under a structured regulatory umbrella, with requirements aimed at safeguarding financial stability and investo…

Asia crypto regulation: Hong Kong to issue stablecoin licences as Malaysia tests Ringgit digital assets

Major financial hubs in Asia are stepping up regulated digital asset efforts in 2026, with Hong Kong preparing to issue its first stablecoin licences as early as March, while Malaysia’s central bank begins testing ringgit-based stablecoins and tokenised deposits under…

'Govt leads digital asset regulation'

FS: We continue to enhance Hong Kong's regulatory framework for digital assets, and plan to issue only a small number of stablecoin issuer licences in the first batch in March.

Hong Kong to Issue First Stablecoin Licenses in March Despite China’s Crypto Ban

Hong Kong’s central bank is moving ahead with plans to issue an initial batch of stablecoin licenses in March, despite China’s longstanding opposition to cryptocurrency activity. The Hong Kong Monetary Authority (HKMA) is reviewing 36 applications for issuers under the city’s Stablecoins Ordinance, which came into effect in August and requires licenses for entities issuing stablecoins pegged to the Hong Kong dollar. Eddie Yue “We hope that by Ma…