Hong Kong Monetary Authority Declines to Comment on Second Batch Stablecoin License Timeline, Maintains Open and Cautious Stance

According to a statement from the Hong Kong Monetary Authority today (August 6), the regulator declined to comment on market rumors suggesting the second batch of stablecoin issuer licenses could be granted around China's National Day in October. The authority said it maintains an open and cautious stance regarding whether to issue additional stablecoin licenses and their timing, with no clear preference at the current stage. The regulator's current focus remains on supporting the two licensed stablecoin issuers in their business preparations. Any future decision on additional licenses will consider multiple factors, including application compliance, market demand, practical applications, and international regulatory trends.
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