Multiple International Companies Apply for Hong Kong’s Stablecoin Licensing

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Story Highlights* The Hong Kong Stablecoin Ordinance will come into effect on August 1, 2025.

  • Now, the Hong Kong Monetary Authority (HKMA) will begin accepting stablecoin license applications.
  • JD CoinChain, Standard Chartered, Ant International, Circle Innovation and other multinational company applies for HKMA Stablecoin license.
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