Hong Kong Plans First Stablecoin Issuer Licences in Q1 Amid Crypto Push

Hong Kong is preparing to issue its first batch of stablecoin issuer licences in the first quarter of the year, stepping up efforts to position itself as a regional hub for digital assets amid growing global competition. Key Takeaways: Hong Kong will issue its first stablecoin licences in Q1 to advance its digital asset strategy. Issuers must meet strict reserve, redemption, and risk management standards. The push coincides with wider crypto regulation and tokenization initiatives. Speaking at th ...