Hong Kong Monetary Authority: Will Maintain Communication and Exchange with Institutions Not Granted Stablecoin Licenses in the First Batch

Odaily News The Hong Kong Monetary Authority stated that it will maintain communication and exchange with institutions that were not granted licenses in the first batch of applications, or with other institutions that may apply in the future. These applications will be reviewed in accordance with relevant laws and uniform regulatory standards and requirements. Regarding the issuance of additional licenses and the timing in the future, the authority maintains an open yet cautious attitude, with no clear inclination at this stage.