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香港《稳定币条例草案》生效!发行法币稳定币必须持牌
Bei Jing Shang Bao·2025-08-01 06:45

Core Viewpoint - The implementation of the "Stablecoin Regulation" in Hong Kong aims to establish a licensing system for fiat-backed stablecoin issuers, enhancing the regulatory framework for virtual asset activities to ensure financial stability while promoting financial innovation [1] Group 1: Regulatory Framework - The "Stablecoin Regulation" officially came into effect on August 1, establishing a licensing requirement for anyone issuing fiat-backed stablecoins in Hong Kong or claiming to anchor their value to the Hong Kong dollar [1] - Only designated licensed institutions are permitted to sell fiat-backed stablecoins in Hong Kong, ensuring that only stablecoins issued by licensed issuers can be sold to retail investors [1] Group 2: Consumer Protection - The licensing system is designed to provide better protection for the public and investors, reducing the risk of fraud associated with stablecoin activities [1] - Advertising related to licensed fiat-backed stablecoin issuers is the only type of advertisement allowed, even during a six-month non-violation period, emphasizing the need for consumer vigilance [1]