Hong Kong Hasn’t Issued a Single HKD Stablecoin License After March Target

Hong Kong hasn’t issued a single HKD stablecoin license after March target

Officials flagged March for initial approvals, but licensing has yet to begin with no updated timeline

Hong Kong’s anticipated stablecoin licence by end-March does not materialise

Analysts say the delay is most likely administrative and that the overall plan is still on track.

Hong Kong Delays Issuance of First Compliant Stablecoin Licenses

Hong Kong Delays Issuance of First Compliant Stablecoin Licenses - The monetary authority missed its March target for granting the permits but said it is fully advancing the licensing process

Hong Kong Freezes Stablecoin Rollout, Leaving HSBC, Standard Chartered Waiting

Hong Kong has postponed its first batch of stablecoin licenses amid money laundering concerns that could warrant stricter KYC rules. Hong Kong Has Delayed Its Initial Batch Of Stablecoin Licenses As reported by Wu Blockchain, citing coverage from Caixin, Hong Kong has postponed the issuance of its first stablecoin approvals, meaning that applicants would be […]

Hong Kong’s Stablecoin Rollout Faces Delays As Top Banks Gear Up For First Licenses

Hong Kong’s stablecoin licensing process has faced delays, leaving the first approvals pending. The Hong Kong Monetary Authority (HKMA) had initially planned to issue the first batch of stablecoin issuer licenses in March 2026. These licenses are part of Hong Kong’s Stablecoin Ordinance, which the country officially launched on the 1st of August, 2025, and it requires any company that issues stablecoins in Hong Kong to obtain regulatory approval…

Hong Kong Misses March Deadline for First Stablecoin Licenses, No Issuers Approved

The Hong Kong Monetary Authority (HKMA) has yet to issue its first batch of stablecoin licenses, missing an earlier target of March 2026. In February, Secretary Paul Chan said that Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation later this year covering crypto asset dealers and custodians. At the time of writing, the HKMA’s public register did not list any licensed stablecoin …