Two major financial institutions, ICBC (Asia) and HSBC, are gearing up to join the ranks of those seeking stablecoin licenses under the framework established by the Hong Kong […]
Hong Kong Monetary Authority Enacts Basel-Aligned Crypto Regulations
The Hong Kong Monetary Authority (HKMA) has announced its implementation of Basel-aligned banking capital rules for cryptoassets, stablecoins, and real-world assets (RWAs), effective January 1, 2026. This move […]
Hong Kong Gazette Stablecoin Ordinance, Regulating Issuance
Hong Kong’s government has officially enacted a new regulation for stablecoins, the Stablecoins Ordinance, setting clear guidelines for their issuance. This moves the city towards establishing a more […]