Hong Kong stablecoins are launched mid-year, with compliance thresholds raised to the maximum. Licensed institutions must first pass both technical and risk control checks, and this pace is faster than expected.

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CoinNetwork
Crypto界网 news, the Financial Secretary of the Hong Kong SAR Government, Christopher Hui, stated that two licensed stablecoin issuers need to complete technical platform testing and risk management measures. Regulated stablecoins in Hong Kong are expected to be launched by mid-year. The Hong Kong Monetary Authority maintains communication with licensed issuers and applies a unified strict review standard to other applicant institutions, focusing on application scenarios, operational models, and compliance.
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