⚡ Latest News: Hong Kong's "Stablecoin Regulation" officially takes effect today!
The Hong Kong Monetary Authority will accept the first round of stablecoin issuer license applications from August 1 to September 30, 2025. #HongKongStablecoin
JD.com, Standard Chartered Bank, Hong Kong Telecom, An Ping Group, and Yuan Coin will apply!
The Monetary Authority stated: The licensing threshold is very high, and the first license is expected to be issued early next year!
Want to know how high the threshold is? Anyone know?