Hong Kong’s Stablecoin Regulation: From Hype to Measured Cooling

Hong Kong’s stablecoin narrative experienced a swift shift from excitement to calculated control, mirroring the global evolution of digital finance. Regulatory adjustments in response to market dynamics highlight Hong Kong’s commitment to establishing a resilient and trusted ecosystem for crypto assets. This article dives into the regulatory rationale behind this cooling period, analyzing its implications for Hong Kong’s position in the Web3 landscape and the broader international landscape.