HKMA receives applications for issuing stablecoin from 36 organizations
發佈日期: 2025-10-01 23:47
TVB News
The Monetary Authority said it had received applications for issuing stablecoin from 36 organizations.
The regulatory regime for stablecoin issuers came into effect on August 1 this year.
The Monetary Authority or HKMA said, as of the end of last month, it had received applications for issuing stablecoin from 36 organizations, including banks, tech enterprises, start-ups, among others.
HKMA said it will review the applications and approve them in accordance with the Stablecoin Ordinance, aiming to announce the first batch of stablecoin isuer early next year.
