ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
ICP Zero-Fee Gala
The Hong Kong Monetary Authority is reviewing 36 stablecoin license applications submitted following the Stablecoins Ordinance implementation in August 2025.The Hong Kong Monetary Authority is reviewing 36 stablecoin license applications submitted following the Stablecoins Ordinance implementation in August 2025.

HKMA Reviews 36 Stablecoin Licenses for March Start

Author: coinlineupSource: coinlineup
2026/02/02 18:59
HKMA Evaluation of Stablecoin License Applications
Key Points:
  • HKMA plans limited license issuance by March 2026.
  • 36 stablecoin applications under review.
  • Focuses on stability and risk management.

Hong Kong Monetary Authority plans to issue the first stablecoin licenses by March, having evaluated 36 applications. Emphasis was placed on applicants providing risk management details and reserve assets within the framework of the Stablecoins Ordinance.

Eddie Yue, Chief Executive of HKMA, announced the evaluation of 36 stablecoin license applications on February 2, 2026, during a Legislative Council meeting in Hong Kong.

HKMA’s upcoming stablecoin licenses mark a significant regulatory move, affecting Hong Kong’s financial landscape. The market anticipates potential stability and growth in the regional crypto sector.

Eddie Yue of HKMA emphasized the agency’s cautiousness in evaluating 36 stablecoin licenses. Applications were submitted by September 2025, following Stablecoins Ordinance implementation in August 2025.

Applicant Insights

Standard Chartered Bank (Hong Kong) is among the notable applicants, having joined HKMA’s stablecoin sandbox earlier. HKMA is expected to grant a limited number of licenses, prioritizing security and risk assessment.

Economic and Financial Implications

Potential economic effects include more robust financial infrastructures as institutions seek regulatory approval. This movement may increase confidence and investment in the local cryptocurrency market.

Financial implications from HKMA’s licensing process may enhance market transparency and innovation. Political responses or regulatory pushback appear minimal at present.

Future Technological Landscape

The regulatory changes from HKMA could shape future technological landscapes. Observers predict increased blockchain adoption among Hong Kong enterprises, supported by rigorous risk management frameworks.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Telos Advisers Welcomes Stephen Gardner as a Strategic Advisory Board Member

Telos Advisers Welcomes Stephen Gardner as a Strategic Advisory Board Member

Former Amtrak CEO brings more than 25 years of leadership experience in rail, infrastructure delivery, and national transportation policy NEWARK, N.J.–(BUSINESS
Share
AI Journal2026/02/03 02:16