Hong Kong stablecoin regulations released, licensed institutions can sell fiat stablecoins to retail investors.

BlockchainArch · 2025-06-09T00:21:44+00:00

According to a report by Jinse Finance and disclosed by the Daily Economic News, the Hong Kong stablecoin regulations only allow designated licensed institutions to sell fiat stablecoins in Hong Kong, and only fiat stablecoins issued by licensed issuers can be sold to retail investors. In addition to the above situation, there is another "active promotion" scenario, where even if one is not directly engaged in regulated stablecoin activities, if they actively promote to the public in Hong Kong or other regions that they are currently or seemingly conducting such activities, they also need to apply for a license.

BlockchainArch

2025-06-09 00:21:44

According to Golden Finance reports, as disclosed by the “Daily Economic News”, the Hong Kong stablecoin regulations only allow designated licensed institutions to sell fiat stablecoins in Hong Kong, and only fiat stablecoins issued by licensed issuers can be sold to retail investors. In addition to the above circumstances, there is another “active promotion” scenario, which means that even if one is not directly engaged in regulated stablecoin activities, if they actively promote to the public in Hong Kong or other regions that they are or seem to be conducting such activities, a license is also required.

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