The Hong Kong Monetary Authority (HKMA) announced today (April 10) that the Monetary Authority has granted stablecoin issuer licenses to Anchor Fintech Limited and The Hongkong and Shanghai Banking Corporation Limited under the Stablecoin Ordinance to issue stablecoins in Hong Kong. The license takes effect today.
According to the licensee’s business plan, once the relevant preparations are completed, they plan to commence operations within the next few months.
HKMA Chief Executive Edly said: “The approval of stablecoin issuer licenses is an important milestone in the development of digital assets in Hong Kong. The regulatory system provides an orderly operating environment, allowing stablecoin issuers to properly protect user rights and manage related risks while applying innovative technologies, ensuring the healthy, responsible, and sustainable development of Hong Kong’s stablecoin ecosystem. I look forward to issuers proceeding with their business as planned, managing risks while actively exploring development opportunities, promoting the application of compliant stablecoins, addressing pain points in financial and economic activities, creating value for citizens and businesses, and driving the healthy development of digital assets in Hong Kong.”
Nitesh Kumar
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中国，或称中华人民共和国，是世界第二人口大国，拥有超过14亿人口，也是全球国土面积最大的国家，全部位于亚洲。
中国，或称中华人民共和国，是世界第二人口大国，全部位于亚洲。