Major Events
The Hong Kong "Stablecoin Ordinance" will come into effect on August 1, 2025. The ordinance was gazetted on May 30, 2025, and its main purpose is to regulate activities related to stablecoins and to establish a licensing system for regulated stablecoin activities in Hong Kong. The Secretary for Financial Services and the Treasury, Christopher Hui, stated, "Once the ordinance comes into effect, the licensing system will provide appropriate regulations for relevant stablecoin activities, marking a milestone in promoting the sustainable development of Hong Kong's stablecoin and digital asset ecosystem."
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|---|---|---|---|---|
0.53% | 15.89% | 1.52% | 27.77% | 16.22% |
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