Navigating HK’s New Stablecoin Regime: What it Means for Asia’s Web3 Future
In a global climate where most stablecoin policies remain aspirational, Hong Kong has acted decisively. With the Stablecoins Ordinance (Cap. 656) taking effect on August 1, 2025, the city is no longer theorizing about regulation—it’s enforcing it. This marks a watershed moment not just for Hong Kong, but for the entire Web3 ecosystem across Asia. […]
