Hong Kong is preparing to grant stablecoin licenses in March and introduce regulations for crypto asset dealers and custodians. The Securities and Futures Commission is focusing on enhancing liquidity and expanding products for professional investors. Tokenization of financial instruments is a priority, with plans for blockchain-based debenture registers and a wholesale CBDC pilot program. Regulatory efforts aim to strengthen Hong Kong’s framework for tokenized finance and compliant stablecoin issuance.

Leave a Reply