Hong Kong Stablecoin Regulatory Rules Implemented High Thresholds Safeguard Compliant Innovation
The Hong Kong Stablecoin Ordinance will take effect on August 1, 2025, requiring stablecoin issuers to be registered corporations in Hong Kong, with a minimum paid-up capital of HKD 25 million, and to possess fully liquid assets, an immediate redemption mechanism, and a comprehensive anti-money laundering system. This meeting of 14 ministries clarified the collaborative logic between Hong Kong's pilot program and strict domestic regulations, stating that domestic institutions participating in Hong Kong's operations should focus on real economy scenarios and prohibit speculative trading. Hong Kong guides stablecoin services to support the real economy through a high-threshold licensing system, enhancing China's voice in the global digital finance arena. #比特币VS代币化黄金 ,#美SEC推动加密创新监管
