Hong Kong: <i>Stablecoin Regulation</i> to Take Effect on August 1, 2025

Blockbeats
06 Jun

BlockBeats News, June 6th, the Hong Kong SAR Government today (June 6th) published in the Gazette the "Stablecoin Regulation (Commencement) Notice", designating August 1, 2025 as the commencement date of the "Stablecoin Regulation" (Chapter 656) ("Regulation"). Financial Secretary and Secretary for Financial Services and the Treasury Christopher Hui stated: "After the Regulation comes into effect, the licensing regime will provide appropriate regulation for relevant stablecoin activities, marking a milestone in promoting the sustainable development of Hong Kong's stablecoin and digital asset ecosystem." (ForexLive)

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