The Hong Kong Monetary Authority will issue its first Stablecoin Issuer Licenses in March, selecting from 36 applications submitted by the August deadline. The The Hong Kong Monetary Authority will issue its first Stablecoin Issuer Licenses in March, selecting from 36 applications submitted by the August deadline. The

Hong Kong Money Authority to Grant First Stablecoin Licenses in March

Okuma süresi: 2 dk

The Hong Kong Money Authority (HKMA) plans to issue its first Stablecoin Issuer Licenses in March.

According to a report from Reuters, HKMA chief executive Eddie Yue told members at a meeting of the legislative council on Feb. 2 that the central bank expected to issue a “very small number” of licenses in March, though no specific date or further information regarding the potential licensees was given.

The HKMA had previously revealed that it received 36 completed applications for Stablecoin Issuer Licenses prior to an Aug. 1, 2025, deadline. There doesn’t appear to be a public record noting which organizations have applied for licensing, however Animoca Brands and Standard Chartered announced the launch of Anchorpoint Financial Limited, a joint stablecoin venture, in a post on Twitter stating that the new organization had submitted its application with the HKMA on Aug. 1, 2025.

Regulatory Regime for Stablecoin Issuers

Hong Kong’s financial markets are in the midst of a radical transition as the HKMA, Financial Services and the Treasury Bureau, and the Securities and Futures Commission have all begun enacting sweeping regulatory changes.

As Coinspeaker recently reported, the Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) seek an overhaul to Hong Kong’s crypto custody laws. The two regulatory bodies recently closed a January consultation period with plans to introduce legislation in 2026 seeking to bring over-the-counter (OTC) desks, brokers, and asset custodians under the same regulatory umbrella as licensed trading platforms.

Meanwhile, the SFC recently outlined strict expectations for all licensed virtual asset trading platforms (VATPs). The SFC says this will create a strong foundation for Hong Kong’s digital assets market in adherence with the commission’s roadmap.

The HKMA also has a roadmap featuring over 40 initiatives across the areas of data infrastructure, artificial intelligence, resilience, and tokenization of finance.

next

The post Hong Kong Money Authority to Grant First Stablecoin Licenses in March appeared first on Coinspeaker.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Paylaş
BitcoinEthereumNews2025/09/18 00:25
Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Paylaş
BitcoinEthereumNews2025/09/18 05:59
The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The cryptocurrency market seems to have caught headwinds entering February. Portfolios across the globe are flashing red as the flash crash of February 2nd wreaks
Paylaş
Captainaltcoin2026/02/04 02:30