#快讯 Hong Kong's first batch of stablecoin issuer licences may be announced soon



On March 12, according to Sing Tao Headlines, the list of the first batch of stablecoin issuer licences in Hong Kong may be announced this month. Sources say that Standard Chartered, HSBC, and licensed virtual asset trading platform OSL are among the first batch, with the announcement possibly as early as next week, though the list remains uncertain. Initially, about five candidates were considered, but this may be reduced to three, with regulators likely prioritising banking institutions to ensure stability and market confidence.

It is worth noting that, according to rumours, no Chinese-funded institutions are included; organisations such as Yuanbi Technology and Lianlian Digital may not have made it into the first batch. The Hong Kong Monetary Authority has stated that it will not comment on market rumours.
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