The regulatory framework for stablecoin issuers implemented by the Hong Kong Monetary Authority (HKMA) on August 1 has attracted widespread attention in the market. According to the new regulations, all stablecoin issuing entities operating in Hong Kong must obtain a license and comply with strict reserve requirements. This is Asia's first comprehensive regulatory framework for stablecoins, which may serve as a reference standard for other jurisdictions while providing stronger protection for investors.

💬 How will the new stablecoin regulations in Hong Kong affect regulatory policies in other financial centers in Asia? Will this drive more stablecoin projects to choose Hong Kong as their operational base?

👉 Complete daily tasks in the task center to earn Binance points:

• Create a post using #香港稳定币新规 ,

• Share your trader profile,

• Or share a trade through the widget to earn 5 points!

(Open the Binance App homepage, click “+”, and select Task Center)

Event time: From August 5, 2025, 14:00 to August 6, 2025, 14:00 (UTC+8)