Tag Archives: Stablecoin license

Understanding Hong Kong’s Stablecoin Issuer Licensing System in One Article

In July 2024, the Hong Kong Monetary Authority (“HKMA”) and the Financial Services and the Treasury Bureau (“FSTB”) issued a “Implementation Plan for the Supervision of Stablecoin Issuers in Hong Kong”.

Exclusive interview with Yuanbi Technology CEO: Hong Kong dollar stablecoin does not compete with US dollar stablecoin for market share

On July 7, the Hong Kong Monetary Authority announced the first batch of companies entering the stablecoin sandbox: JD CoinChain Technology (Hong Kong) Co., Ltd.; Yuancoin Innovation Technology Co., Ltd. (

Yuanbi Technology cooperates with HashKey Exchange and Allinpay to study and launch the Hong Kong dollar stablecoin HKDR

Aiying learned that RD Technologies announced that it has entered into a strategic cooperation with Hong Kong licensed virtual asset exchange HashKey

First Digital to participate in Hong Kong Monetary Authority’s stablecoin sandbox

The HKMA’s consultation on legislation to regulate stablecoin issuers will close at the end of this month, and several financial institutions are preparing to submit applications and participate in the sandbox.

E-Bet Financial announced a strategy adjustment to focus on virtual asset ETFs and stablecoins

VSFG previously planned to apply for a Virtual Asset Trading Platform (VATP) license, but now due to capital utilization factors, it has changed its strategy and turned to

Bloomberg: Hong Kong's push for stablecoin regulation has attracted interest from companies such as Harvest Fund Management

On January 1, Bloomberg reported that people familiar with the matter said that Hong Kong’s push to introduce stablecoin rules as soon as possible this quarter has attracted attention from asset management companies including