Law-Now
Hong Kong Stablecoins Ordinance in Operation on 1 August 2025
05 Jun 2025
Hong Kong SAR, China
1 min read
Authors
On 21 May 2025, the Hong Kong Legislative Council passed the highly anticipated Stablecoins Bill, establishing a licensing regime for fiat-referenced stablecoin (FRS) issuers. This development reinforces Hong Kong’s position as a leading international financial...