Hong Kong’s HKMA to impose six-month transitional period, temporary licenses for stablecoin issuers

The Hong Kong Monetary Authority (HKMA) will roll out a six-month transitional arrangement for stablecoin issuers already operating in the city, as the territory’s new Stablecoin Ordinance comes into effect on August 1, 2025. The move is part of Hong Kong’s effort to position itself as a regulated hub for digital assets, while tightening oversight […] source: https://www.cryptopolitan.com/hkma-six-month-temporary-license-stablecoin/