The Hong Kong Monetary Authority is about to announce the regulatory details for a Stablecoin License.
BlockBeats News, July 29th, the implementation of the Hong Kong "Stablecoin Regulation" is approaching. Multiple institutions have confirmed to reporters that the Hong Kong Monetary Authority (HKMA) will hold a technical briefing on the stablecoin issuer regulatory regime at 4:30 pm today. It is reported that the technical briefing will be hosted by senior HKMA teams, including Vice President Eddie Cheng, Assistant Vice President (Regulatory Compliance and Anti-Money Laundering) Chan King Weng, Assistant Vice President (Monetary Management) Ho Hon Kit, and Director of Digital Finance Ho Wang Che. The HKMA had previously stated that it would release a stablecoin-specific implementation guidance this month, clarifying core regulatory details such as anti-money laundering and customer identification. The regulator has also reminded the market to adopt a rational attitude and avoid excessive speculation. The number of initial stablecoin issuer licenses will be strictly limited to single digits and is planned to be issued by the end of the year. (Finance Infoday)
You may also like

The most important thing in Web3 primary market investment

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution

Musk Poached Aave App's Web3 Prodigy

The Petro Order is Cracking. What Comes Next for the Middle East?

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

What will the early Hyperliquid prediction market look like?

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?

The economy is entering a new cycle, how can the average person prepare?

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

