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Xu Zhengyu: Expected to issue some stablecoin licenses early next year
On December 19, according to the Hong Kong Economic Times, Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said at the event on Friday (19th) that as of the end of September this year, 36 applications for stablecoin licenses from various industries have been received. It is expected that some licenses will be issued early next year. Priority will be given to sound reserve management, price stability and anti-money laundering measures. He pointed out that the relevant ...
2025-12-19 08:52:40
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