Hong Kong Joins Global Race With New Stablecoin Licensing Bill

coindesk.com/policy/2025/05/21/hong-kong-joins-global-race-with-new-stablecoin-licensing-bill

Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers.
"Hong Kong’s stablecoins are backed by fiat currency as underlying assets, and we welcome global enterprises and institutions interested in issuing…

This story appeared on coindesk.com, 2025-05-21 17:29:22.
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