Hong Kong Treasury Secretary: Hong Kong Stablecoin Licensing Regime to Be Implemented Next Month to Strengthen Digital Asset Ecosystem Development
Odaily Planet Daily News: Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, stated at the "Hong Kong Digital Finance Awards 2025" that the licensing regime for stablecoin issuers will be officially implemented next month, marking a further improvement in Hong Kong's digital asset regulatory framework. The four pillars of "LEAP" proposed in the "Hong Kong Digital Asset Development Policy Statement 2.0" are also being advanced in parallel, including legal and regulatory optimization, expansion of tokenized products, development of cross-sector application scenarios, and talent collaboration, all aimed at accelerating Hong Kong's emergence as a trusted and sustainable digital asset hub in Asia. (Zhitong Finance)
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