HKMA (Hong Kong Monetary Authority) has updated on its stablecoin license rollout.
At Davos 2026, the Financial Secretary Paul Chan commented on the positive and programatic outlook the regulatory landscape in the region.
Stablecoin License Hong Kong Update
There he met with various economic leaders and revealed that stablecoin licenses are set to be issued to the approved candidates starting from Q1.
Other notable topics of discussion revolved around aspects of driving forward institutional tokenisation of green bonds, as well as being supportive of broader digital transformation.
The stablecoin license requirements for Hong Kong were officially set in the summer of 2025 under the Stablecoin Ordinance by the HKMA.
All stablecoin issuers who have have been successful in the stablecoin license application will be recorded in the official registry.
UK & FCA Stablecoin Regulation
A few days earlier, the FCA (Financial Conduct Authority) announced progress as well.
The official governing body is continuing to develop and contribute to a clearer UK stablecoin regulation regime to help companies getting involved in the space.
Industry participants who for the past few years have been contributing to different government and Bank of England consultations and those businesses who are in the Sandbox are invited to attend a 2 day conference called “Stablecoin Sprint“.
This is a policy based event where attendees are urged to present case studies and use-cases where stablecoins are beneficial in financial environments, particularly on payments, ecommerce, as well as cross-border payments.
Another event in the form of a more casual roundtable will follow in the middle of Q2 to continue policy discussions.
