CoinOtag
2025-11-24 03:10:12

Hong Kong’s Stablecoin Licenses Draw 80 Applicants Amid Tokenization Push

The Hong Kong Monetary Authority (HKMA) has received applications from as many as 80 companies for stablecoin issuer licenses under the new Stablecoin Ordinance. Only a select few will gain approval in early 2026, emphasizing rigorous standards for high-quality liquid asset backing to ensure stability and trust in the digital asset market. HKMA's oversight: Centralized [...]

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