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2025-07-29 11:44:08
[The Hong Kong Monetary Authority is about to announce the regulatory details of stablecoin licenses] The implementation of the Hong Kong "Stablecoin Ordinance" is imminent. Many institutions confirmed to Cailian reporters that the Hong Kong Monetary Authority will hold a technical briefing on the regulatory system for stablecoin issuers at 4:30 pm today. It is reported that the technical briefing will be hosted by the senior team of the HKMA, including Vice President Chen Weimin, Assistant President (Regulations and Anti-Money Laundering) Chen Jinghong, Assistant President (Monetary Management) He Hanjie, and Digital Finance Director He Hongzhe. The Hong Kong Monetary Authority has previously stated that it will issue supporting implementation guidelines for stablecoins this month to clarify core regulatory details such as anti-money laundering and customer identity identification. Regulators also remind the market to be rational and not to over-hype. The number of the first batch of stablecoin issuer licenses is strictly controlled in the single digits, and it is planned to be issued within the year. (Cailianshe)
