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Hong Kong Monetary Authority Announces Licensed Stablecoin Issuer Record, No Issuers Yet

ChainCatcherJul 31, 2025
The Hong Kong Monetary Authority's official website has updated information stating that with the implementation of the stablecoin issuer regulatory system under the "Stablecoin Ordinance" on August 1, 2025, the business of issuing fiat-backed stablecoins will become a regulated activity requiring a license. Therefore, it lists the relevant details of the regulatory system, including: the licensing system for stablecoin issuers, the supervision of licensed stablecoin issuers, and the register of licensed stablecoin issuers. It is reported that the register of licensed stablecoin issuers contains the names and basic information of licensed stablecoin issuers. The public can access the latest list of licensed institutions through the register. Currently, there are no licensed stablecoin issuers, and the relevant list will be updated in due course. [ChainCatcher]
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Hong Kong Monetary Authority Announces Licensed Stablecoin Issuer Record, No Issuers Yet

ChainCatcherJul 31, 2025
The Hong Kong Monetary Authority's official website has updated information stating that with the implementation of the stablecoin issuer regulatory system under the "Stablecoin Ordinance" on August 1, 2025, the business of issuing fiat-backed stablecoins will become a regulated activity requiring a license. Therefore, it lists the relevant details of the regulatory system, including: the licensing system for stablecoin issuers, the supervision of licensed stablecoin issuers, and the register of licensed stablecoin issuers. It is reported that the register of licensed stablecoin issuers contains the names and basic information of licensed stablecoin issuers. The public can access the latest list of licensed institutions through the register. Currently, there are no licensed stablecoin issuers, and the relevant list will be updated in due course. [ChainCatcher]
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