Hong Kong Set to Issue First Stablecoin Licenses in Q1 2026

Hong Kong will issue a batch of licenses to stablecoin providers in the first quarter of this year, Financial Secretary Paul Chan told World Economic Forum attendees in Davos on Tuesday. This will be the first issued since Hong Kong’s new stablecoin licensing regime took effect on August 1 last year. Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub Companies offering or marketing stablecoins to retail investors must obtain approval from the Hong Kong Monetary Authority. The process ...