
星球日报|Sep 03, 2025 05:22
[Analysis Suggests Hong Kong Stablecoin License Applications Exceed Expectations, May Prompt HKMA to Issue More in the Future]
Odaily Planet Daily reports that Mai Yingcong, Director of Greater Bay Area Development Research at Our Hong Kong Foundation, stated in an interview with Hong Kong Radio that Hong Kong's stablecoin regulations and policy direction are clear, attracting significant institutional attention, with license application intentions far exceeding expectations. He noted that large tech companies may prefer to use stablecoins in payment scenarios, while traditional financial institutions are more likely to apply them in cross-border settlements. If the first batch of licensed institutions operates smoothly, the Hong Kong Monetary Authority (HKMA) may consider issuing additional licenses in the future. (Aastocks)
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