Hong Kong to Issue First Stablecoin Licenses in 2026: Milestone for Asia's Regulated Digital Asset Hub
Key Takeaways The Hong Kong Monetary Authority (HKMA) expects to issue the first batch of stablecoin licenses in March 2026 after reviewing 36 applications submitted under the Stablecoins Ordinance (effective August 1, 2025). Only a very small number of licenses will be granted initially, prior.
