Hong Kong's First Batch of Stablecoin Licenses to Be Announced This Afternoon
By: theblockbeats.news|2026/04/10 06:41:06
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BlockBeats News, April 10th, the Hong Kong Monetary Authority will announce the first batch of stablecoin licenses at 5 p.m. on April 10th, and then the licensed stablecoin issuers will meet with the media.
Earlier, the Hong Kong MA completed the final review of the first batch of applications in mid-March 2026, and is currently in the preparation stage for official announcement. The MA received a total of 36 applications, and plans to issue 2 to 3 licenses in the first batch, with strict regulatory standards.
In early February of this year, Eddie Yue, Chief Executive of the Hong Kong MA, stated that they are aiming to issue the first batch of stablecoin issuer licenses in Hong Kong this March. He also emphasized: "The number of licenses issued in the first batch will definitely not be large, aiming for prudence." (Daily Economic News)
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