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Law-Now 05 Jun 2025 · International

Hong Kong Stablecoins Ordinance in Operation on 1 August 2025

1 min read
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...

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