Hong Kong to License Stablecoins Before the End of 2025
• The Hong Kong Monetary Authority has announced it will launch a stablecoin licensing program by the end of this year.
• The focus will be on US dollar-pegged currencies used for local and international payments.
• Part of Hong Kong's strategy to solidify its position as an Asian digital financial hub.
📌 Analysis: Early regulation opens the door to attract major crypto companies in Asia, increasing pressure on regions with ambiguous regulations.
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