The approvals by the Hong Kong Monetary Authority, the territory’s central bank, mark the first batch under the Stablecoins Ordinance, which took effect in August 2025.
HSBC and Standard Chartered-led group land Hong Kong’s first stablecoin licenses
The approvals by the Hong Kong Monetary Authority, the territory’s central bank, mark the first batch under the Stablecoins Ordinance, which took effect in August 2025.