🇭🇰Hong Kong Monetary Authority Chief: Evaluating 36 Stablecoin License Applications, Aiming to Issue the First Batch by March Hong Kong Monetary Authority Chief Eddy Yue Wai-man stated that the Hong Kong Stablecoin Ordinance officially came into effect on August 1 last year. The first round received a total of 36 stablecoin license applications from various institutions. The authority is currently continuously evaluating these applications, hoping to make a decision as soon as possible and aiming to issue the first batch of licenses by March.

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