Citing ChainThink, on December 28, Hong Kong's Wen Wei Po published the 'Top 10 Financial News of 2025,' with the 'development of a more complete digital asset regulatory framework' ranking third. The introduction of the 'Stablecoin Ordinance' is expected to issue stablecoin licenses by early 2026, potentially launching HKD-backed stablecoins to support commercial and cross-border transactions. Additionally, 'cryptocurrency speculation pushing Bitcoin to a $125,600 high' ranked eighth, though prices have since dropped over 30% to around $85,000.
Hong Kong 2025 Top 10 Financial News: Digital Asset Regulatory Framework Ranks Third
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Summary
Hong Kong’s digital asset market took center stage in the 'Top 10 Financial News of 2025,' with the development of a more complete digital asset regulatory framework ranking third. The 'Stablecoin Ordinance' is set to issue stablecoin licenses by early 2026, possibly launching HKD-backed stablecoins for commercial and cross-border use. Meanwhile, top altcoins saw a surge as cryptocurrency speculation pushed Bitcoin to a $125,600 peak, though prices have since fallen over 30% to about $85,000.
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