🚨🚨Update
🇭🇰Hong Kong Fast-Tracks Stablecoin Licenses by August 2025
📅Hong Kong’s rolling out its stablecoin licensing framework by August 1, 2025.
🚀The goal? Ride the stablecoin wave and lock in its spot as a global digital finance hub.
💱The rules will support stablecoins pegged to multiple fiat currencies, not just USD.
📋Issuers will need strict compliance and real-world utility to qualify.
🌐Officials say this could attract big institutional players and boost Hong Kong’s crypto edge.
Stablecoins are going global—and HK wants a front-row seat.