Hong Kong Misses March Target for Stablecoin Licences, HKMA Yet to Approve Issuers
Hong Kong has not issued any stablecoin licences despite earlier expectations of approvals by March. The Hong Kong Monetary Authority is still reviewing applications, with no issuers listed on its official register. The delay reflects a cautious regulatory approach as authorities focus on compliance, business models, and financial stability while positioning the region as a global crypto hub.
