The Hong Kong Monetary Authority announces the first batch of stablecoin licenses, planning to issue 2 to 3 licenses.
ChainCatcher news, according to Golden Ten Data, the Hong Kong Monetary Authority will announce the first batch of stablecoin licenses at 5 p.m. on April 10, after which the licensed stablecoin issuers will meet with the media. The Monetary Authority received a total of 36 applications and plans to issue 2 to 3 licenses, with strict regulatory standards. The Chief Executive of the Monetary Authority, Eddie Yue, stated that the number of licenses issued in the first batch will be kept prudent, aiming to issue the licenses in March this year.
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