Hong Kong has released the 2.0 version of its digital asset policy declaration, clearly stating the implementation date for the stablecoin licensing system in 2025.

Gate News bot message, the latest digital asset policy declaration version 2.0 released in Hong Kong has made adjustments to core terminology, changing "virtual asset" to "digital asset". The policy focuses on two major areas: stablecoin and tokenization of real-world assets (RWA), and it has been determined that the licensing system for stablecoins will be officially implemented in August 2025.

The policy declaration clearly states that the regular issuance of tokenization government bonds will be expanded to various asset types such as gold and bulk commodities. In terms of regulation, Hong Kong will comprehensively upgrade trading and custody licenses, along with related policies such as exemptions from stamp duty and capital gains tax.

Source: Jason Jiang