香港金融管理局总裁余伟文： 有实在应用场景是前提香港首批稳定币仅发数张牌照

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) will begin accepting license applications for stablecoins starting August 1, under the new Stablecoin Regulation, emphasizing a cautious approach to the burgeoning interest in stablecoins [1][2]. Regulatory Framework - The HKMA is actively involved in international regulatory organizations, including the Financial Stability Board (FSB), which released a global regulatory framework for crypto asset activities in 2023, serving as a guideline for stablecoin regulation in Hong Kong [2]. - The Stablecoin Regulation adheres to the principle of "same activity, same risk, same regulation," aligning with international standards while addressing local conditions [2]. Licensing and Market Entry - The initial issuance of stablecoin licenses will be limited, with expectations of only a few licenses being granted in the early stages due to high entry barriers and the need for real application scenarios [3]. - The HKMA has established a "sandbox" for stablecoin issuers to understand their business models and regulatory expectations, although entry into the sandbox does not guarantee a license [3]. Market Sentiment and Education - HKMA's CEO, Eddie Yue, noted the rising interest in stablecoins but cautioned that they should not be viewed as investment or speculative tools, highlighting their role as payment instruments utilizing blockchain technology [1][2].