# hongkong

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🇭🇰 Hong Kong Stablecoin Licenses: The List is Coming in March – Where Does Gate.io Stand? 🚀
Hong Kong is on the verge of making history as one of the first global financial hubs to fully regulate fiat-referenced stablecoins. With the Stablecoin Ordinance in effect since August 1, 2025, the Hong Kong Monetary Authority (HKMA) is gearing up to announce the first batch of licensed issuers by March 2026.
This isn’t just regulatory news—it’s a market-moving event. Here’s everything you need to know about the "Hong Kong Stablecoin Issuer License List" and what it means for you on Gate.io. 👇
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#HongKongStablecoinIssuerLicenseList
Hong Kong has officially fired the
starting gun. With the Legislative Council passing the Stablecoin Bill
in July 2024, the city is no longer just talking about regulation—it is
enforcing it. The Hong Kong Monetary Authority (HKMA) is now accepting
applications for Fiat-Referenced Stablecoin (FRS) Issuer Licenses.
While a finalized "public
list" of fully licensed entities is still pending (as the regime just
kicked off), deep analysis of the regulatory sandbox and market positioning
reveals the clear front-runners. This isn't just about compliance; it is a
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