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22 de may. de 2025Hong Kong has passed a stablecoin bill to expand its cryptocurrency licensing regime as more governments recognize the digital asset. Hace 1 díaHong Kong[1] has taken two critical steps recently to advance its stablecoin regulatory framework: (a) Passing the Stablecoins Bill () The Legislative Council passed the Hace 3 díasOn, Hong Kong’s Legislative Council passed the Stablecoins Bill, establishing a regulatory framework for stablecoins–cryptocurrencies whose value is tied to an 7 de abr. de 2025Hong Kong plans to introduce stablecoin legislation, expand OTC and custody rules, and release a new virtual asset policy. Read to know more. On, Hong Kong’s Legislative Council approved a landmark bill establishing a comprehensive licensing regime for fiat-referenced stablecoin (FRS) issuers. Overview On May On, Hong Kong’s Legislative Council passed the Stablecoin Bill, officially launching a licensing system for fiat-backed stablecoin issuers. This policy, called Asia’s strictest crypto

Hong Kong Crypto Framework Release: May Developments

Is Hong Kong about to become Asia\'s leading crypto hub? Recent developments suggest it\'s a strong possibility. The anticipation surrounding Hong Kong\'s crypto framework is reaching fever pitch, particularly with key updates expected in May. Hong Kong has been actively working on expanding its cryptocurrency licensing regime, signaling a progressive approach to digital assets. This initiative comes as more governments worldwide recognize the potential of crypto and look to establish clear regulatory guidelines.

Hong Kong\'s Stablecoin Bill: A Game Changer

Several sources point to significant advancements in Hong Kong\'s stablecoin regulation. On 22 de may. de 2025, the focus is expected to be on the implications of passing the Stablecoins Bill. This bill is crucial as it establishes a regulatory framework for stablecoins – cryptocurrencies whose value is tied to a stable asset like fiat currency.

Key Takeaways:

  • Stablecoin Licensing Regime: Hong Kong\'s Legislative Council recently approved a landmark bill establishing a comprehensive licensing regime for fiat-referenced stablecoin (FRS) issuers.
  • "Asia\'s Strictest Crypto" Policy: This policy aims to provide clarity and security for investors while fostering innovation within the virtual asset space.
  • Beyond Stablecoins: Hong Kong plans to expand OTC and custody rules, indicating a holistic approach to virtual asset regulation.

What to Expect in May

Keep an eye out for further announcements regarding the specific details of the implemented stablecoin licensing system. The final framework is expected to solidify Hong Kong\'s position as a forward-thinking jurisdiction for crypto businesses. The Legislative Council’s recent actions, including passing the Stablecoins Bill, underscore this commitment.

Stay tuned for updates as they become available. This initiative by Hong Kong could have major implications for the global crypto market, potentially setting a precedent for other regions to follow.

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