stablecoin

Will Hong Kong open its doors to retail stablecoins?

Despite the promising pass of an Ordinance, use cases of stablecoins in Hong Kong remain vague. Adopting retail stablecoins depends on multiple factors, including the regulator’s stance and technical concerns, such as monitoring unhosted wallets.
September 09, 2025

Two blockchain firms to be added to MAS’ licensing list

StraitsX and XREX have become the latest two blockchain firms to receive approval from MAS as major payment institutions (MPI) under the city’s payment service providers licensing scheme. They discussed their plans with FA.
November 21, 2023

HKMA publishes findings of e-HKD pilot

Experts share insights around the value potential of a digital currency, following the HKMA’s publication of an initial report on the pilot.
October 31, 2023