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by: xpoolPosted on: May 22, 2025

Hong Kong Takes Leap Forward in Web3 Innovation with Stablecoin Bill Approval

Hong Kong has taken a significant step forward in the development of Web3 technology with the approval of its Stablecoin bill in its third reading. This legislation, which will see major institutions applying for licenses to issue stablecoins by year-end under the authority of the Hong Kong Monetary Authority (HKMA), marks a pivotal moment for global Web3 innovation.

Related posts:

  1. Hong Kong Takes Step Towards Global Stablecoin Adoption
  2. Hong Kong Legalizes Stablecoins with New Bill, Sets Stage for Web3 Expansion
  3. Hong Kong Passes Stablecoin Bill to Bolster Digital Assets
  4. Hong Kong Passes Stablecoin Bill, Fuels Web3 Growth with Licensing Path
Hong Kong Stablecoin Web3

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