Hong Kong’s first batch of stablecoin licenses has been delayed, and the Monetary Authority says it is working to move forward as quickly as possible
Hong Kong’s first batch of stablecoin issuer licenses was originally set to be issued in March 2026, but it did not roll out as scheduled. The Hong Kong Monetary Authority said it is moving forward with the licensing process, and the market is watching the application status of HSBC and Standard Chartered. Among the applications for the second batch of licenses, Futu Securities and OSL Group are strong contenders.
GateNews·04-01 01:04
