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2026-04-01 06:57:16 UTC

Blockchain Report on Nostr: Hong Kong's financial regulator has announced that the first batch of stablecoin ...

Hong Kong's financial regulator has announced that the first batch of stablecoin issuer licenses, initially anticipated for release by the end of March, will be delayed. A spokesperson for the Hong Kong Monetary Authority (HKMA) stated that the licensing process is being actively advanced and further details will be provided in due course. The HKMA had previously indicated that it had received 36 applications for these licenses and aimed to issue a limited number by the end of March. Market observers had widely expected institutions such as HSBC and Standard Chartered to be among the initial recipients.

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