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by: xpoolPosted on: June 7, 2025

Hong Kong to Enforce Stablecoin Licensing by August 2025

The Hong Kong government has announced a new regulatory framework for stablecoins, effective August 1, 2025. This ordinance mandates licensing for all issuers of HKD-backed stablecoins operating within the region. Only licensed entities will be allowed to issue or advertise stablecoins in Hong Kong.

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