02-11 10:05 Wednesday
Gemini said Hong Kong Chief Executive John Lee: Hong Kong Expects to Issue First Batch of Stablecoin Licenses Next Month
According to on-site reports from CoinMeta, Hong Kong Chief Executive John Lee revealed in his opening remarks at the Consensus 2026 conference today that the Hong Kong Monetary Authority (HKMA) is actively processing license applications and expects to issue the first batch of stablecoin licenses within the next month. In his speech, Lee pointed out that Hong Kong is committed to building itself into a global hub for digital asset innovation. Since the implementation of the stablecoin regulatory framework last year, various regulatory initiatives have progressed smoothly. In addition, the Securities and Futures Commission (SFC) of Hong Kong has implemented a series of measures to boost the liquidity of the virtual asset market and expand the range of product offerings and services. He emphasized that, leveraging the unique advantages of the "One Country, Two Systems" principle, alongside a robust legal and financial system, Hong Kong will continue to go all out to stay at the forefront of Web3 ecosystem development, welcoming global enterprises and institutions to come to Hong Kong to co-create a digital future.
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