The Hong Kong Monetary Authority (HKMA) has received applications from as many as 80 companies for stablecoin issuer licenses under the new Stablecoin Ordinance. Only a select few will gain approval in early 2026, emphasizing rigorous standards for high-quality liquid asset backing to ensure stability and trust in the digital asset market. HKMA’s oversight: Centralized […]
Source: https://en.coinotag.com/hong-kongs-stablecoin-licenses-draw-80-applicants-amid-tokenization-push
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