Hong Kong’s Landmark Stablecoin Regulations: What You Need to Know (Aug 2025 Update)

Hong Kong Establishes World-Leading Stablecoin Framework Hong Kong has solidified its position as a global digital asset hub with the implementation of its comprehensive stablecoin regulatory regime on August 1, 2025. Administered by the Hong Kong Monetary Authority (HKMA), this groundbreaking legislation creates a rigorous licensing system for stablecoin issuers while balancing innovation with robust […]
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. […]