🇭🇰 The Hong Kong Monetary Authority will hold a technical briefing on the regulatory framework for stablecoin issuers today at 4:30 PM. The Hong Kong Monetary Authority will hold a technical briefing on the regulatory framework for stablecoin issuers today at 4:30 PM. It is reported that the briefing will be hosted by the senior team of the Monetary Authority, including Vice President Chen Weimin, Assistant Vice President Chen Jinghong, Assistant Vice President He Hanjie, and Head of Digital Finance He Hongzhe, among others. The Hong Kong Monetary Authority previously stated that it would release guidelines for the implementation of stablecoins this month, clarifying core regulatory details such as anti-money laundering and customer identity verification. The regulator also reminds the market to view this rationally and not to engage in excessive speculation, with the number of initial stablecoin issuer licenses strictly controlled to single digits, planned to be issued within the year.
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