Hong Kong Monetary Authority: Stablecoin Issuers Regulatory Framework to Take Effect on August 1
BlockBeats News, July 29th, according to an official announcement, the Hong Kong Monetary Authority (HKMA) today released multiple guidelines and explanatory documents on the stablecoin issuer regulatory regime to be implemented from August 1, 2025. The "Licensed Stablecoin Issuer Regulatory Guidance Consultation Summary" and "Guidance on Anti-Money Laundering and Counter-Financing of Terrorism (Applicable to Licensed Stablecoin Issuers) Consultation Summary" will be officially published on August 1, 2025. With the regulatory regime coming into effect, market participants should comply with the Stablecoin Ordinance and relevant guidelines.
The HKMA encourages institutions intending to apply for a license to contact the HKMA through the official email address by August 31, 2025, or earlier, so that the HKMA can communicate regulatory expectations and provide appropriate feedback. The licensing process will be an ongoing one. If individual institutions believe they are fully prepared and wish to be considered at the earliest opportunity, they should submit their application to the HKMA by September 30, 2025, or earlier.
The HKMA reminds market participants to exercise caution in their public communications to avoid making statements that may be misunderstood or create unrealistic expectations. Under the Stablecoin Ordinance, falsely claiming to be a licensee or an applicant is illegal.
As of today, the HKMA has not issued any licenses. The public can refer to the HKMA website in the future for announcements of licensed stablecoin issuers. The public should remain vigilant against any claims of regulated or licensed stablecoin issuers in Hong Kong, as well as individuals claiming to be in the process of applying for a license. If the public holds unlicensed stablecoins, they do so at their own risk.
You may also like
BVNK Founder: Three Stages of Stablecoin Development
The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
The Rise of Composable RWA
MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.
RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?
RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.
MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?
Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive
Can prediction markets win the competition for perpetual contracts?
Who is trading on Trade.xyz?
Binance quietly placed a bet on a leading large model company
Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention
Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.
Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down
Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.
Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure
Where will South Korea's cryptocurrency taxation head?
Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats
Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing
Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions
BVNK Founder: Three Stages of Stablecoin Development
The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
The Rise of Composable RWA
MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.
RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?
RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.
