HKMA

Highlights: Hong Kong gave its first stablecoin licences to Anchorpoint and HSBC on Friday. The move puts stablecoin issuers under a clear legal and regulated system. Officials said the new framework supports innovation, user safety, and better risk control. Hong […]

Highlights: HSBC and Standard Chartered are set to receive stablecoin licenses. The first stablecoin licenses could be granted as early as March 24. The new licenses will bring traditional financial institutions into stablecoin markets. Hong Kong is on the verge […]

Highlights: Paul Chan confirms March rollout for Hong Kong’s first stablecoin licenses.  HKMA subsidiary CMU OmniClear also plans to build an integrated tokenized bond settlement platform. Chan said authorities are working to boost crypto liquidity for professional investors. Hong Kong […]

Highlights: HKMA plans to issue a limited first batch of stablecoin issuer approvals in March after completing detailed reviews. The stablecoin license approvals will depend on use cases and strong AML compliance standards. The stablecoin ordinance requires all fiat-backed issuers […]

Highlights: Hong Kong’s financial regulator will issue only a few stablecoin licenses initially, despite strong interest. Prominent financial institutions, including HSBC and ICBC, have applied for Hong Kong stablecoin licenses. Hong Kong’s careful rollout seeks to safeguard users and strengthen […]

Highlights: Hong Kong enforces new licensing rules for all fiat-backed stablecoin issuers. Issuers must follow strict rules on reserves, audits, and investor protections. License approvals begin in 2026, with limited slots and early deadlines for applicants. Hong Kong’s Stablecoin Bill […]

Highlights: Hong Kong will ban unlicensed stablecoin promotions to protect retail users starting August 1 under new rules. Most stablecoin applicants in Hong Kong lack clear plans, as only a few licenses will be granted in the first phase. The […]

Highlights: Hong Kong’s stablecoin bill requires the issuers to apply for a license from the HKMA. Authorities will seek to ensure that stablecoin backing is high quality liquid. The existing public consultation for crypto custodians and OTC trading regulation will […]

Highlights: The HKMA warns crypto firms misrepresenting as banks may be in violation of Hong Kong’s Banking Ordinance. The HKMA raised alarm after two overseas firms falsely represented themselves as banks. The use of the word ‘bank’ in the names […]