GFEXAug 12
On August 1, 2025, Hong Kong activated its landmark Stablecoins Ordinance, creating a comprehensive licensing regime that sets a new global standard for digital finance. Managed by the Hong Kong Monetary Authority (HKMA), this move is designed to make stablecoins safer for everyone, positioning the city as a top-tier hub for compliant crypto innovation and providing a secure foundation for platforms.The New Rules of the Road Any company wanting to issue a fiat-backed stablecoin in Hong Kong m...