Hong Kong Stablecoin Regulation Set for August 2025

馃嚟馃嚢 HK's Crypto Plot Thickens

By Bridgers
Jun 19, 2025, 4:34 PM
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Hong Kong is implementing comprehensive stablecoin regulations through Chapter 656, scheduled to take effect in August 2025.​ The initiative, which has been in development since 2023, introduces a new licensing framework aimed at fostering digital asset market growth.​

Key points:

  • New regulatory framework under Chapter 656
  • Implementation date: August 2025
  • Focus on stablecoin oversight and market development
  • Part of ongoing crypto regulatory efforts since 2023

This marks a significant step in Hong Kong's push to become a major digital asset hub.​

Sources
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