2026-04-10 05:28:04

🔥Hong Kong's first stablecoin license announced this afternoon

The Hong Kong Monetary Authority will announce the first batch of stablecoin licenses at 5 p.m. on April 10, and licensed stablecoin issuers will meet the media afterward. Previously, the HKMA completed the final review of the first batch of applications in mid-March 2026 and entered the official public announcement preparation stage, receiving a total of 36 applications. The first batch of licenses is planned to be issued for 2 to 3 licenses, with strict regulatory standards.
In early February, Hong Kong Monetary Authority Chief Executive Yu Weiwen stated that they aim to issue the first batch of stablecoin issuer licenses by March this year and emphasized that the number of licenses issued initially would not be many, with a focus on prudence.

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