#香港稳定币新规 Hong Kong's "Stablecoin Regulation" officially takes effect, marking the establishment of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This historic move makes Hong Kong the first jurisdiction to implement in-depth regulation of stablecoins, injecting unprecedented institutional certainty into the turbulent digital asset market. According to the new regulations, any entity issuing fiat-backed stablecoins in Hong Kong, or any entity issuing stablecoins pegged to the value of the Hong Kong dollar abroad, must apply for a license from the Hong Kong Monetary Authority.