Hong Kong Stablecoin Licensing Race Heats Up as Over 40 Firms Compete

With stablecoin licenses in Hong Kong expected to be a “single-digit” figure, fierce competition has emerged among financial and tech giants like Ant Group and Standard Chartered to secure regulatory approval.

Jul 09, 2025

Daily News: Trump Extends Tariff Deadline to August 1, SBC to Hold Crypto Market Hearing on Wednesday, Hong Kong Proposes Enhanced Virtual Asset Regulation, and More

Strategy Announces $4.2 Billion STRD Preferred Stock Offering Plan, Funds to Be Used for Bitcoin Acquisition.

Jul 08, 2025

Hong Kong Treasury Chief: Stablecoin Licenses Targeted for Issuance This Year

Hong Kong is set to implement its Stablecoin Ordinance on August 1, 2025, aiming to establish a balanced and forward-looking regulatory framework that positions the city as a leading hub for digital assets in Asia.

Jul 07, 2025

Hong Kong Government Announces New Appointments to Task Force on Promoting Web3 Development, Featuring Meitu Founder Cai Wensheng and Wanxiang Blockchain Founder Dr. Xiao Feng

Hong Kong Government announced the appointments and reappointments of 20 non-official members to the Task Force on Promoting Web3 Development for a two-year term starting July 1, 2025.

Jul 02, 2025

Daily News: One Big Beautiful Bill Clears Senate, Hong Kong Listed Biotech Company to Acquire Conflux, Citibank Assigns "Buy" Rating to Circle, and More

Citibank Assigns "Buy" Rating to Circle with a Target Price of $243.

Jul 02, 2025

Hong Kong Announces 2.0 Policy on Digital Assets Development, Igniting Market Frenzy over Crypto-friendly Companies and Stocks

Hong Kong is accelerating its crypto ambitions with the new Digital Assets Policy 2.0, as Guotai Junan surged nearly 200% after upgrading its Type 1 license for digital asset trading.

Jun 27, 2025

Daily News: US Weekly Jobless Claims Eases, Hong Kong Announces New Crypto Policy Statement, Grayscale Updates Q3 Top 20 List, and More

YZi Labs Announces Investment in Decentralized Entertainment Platform MEET48.

Jun 27, 2025

Nano Labs Joins Hong Kong’s Stablecoin Race as Asia Embraces Regulatory Momentum

Hong Kong’s Stablecoin Race Heats Up.

Jun 24, 2025