Regulation· ★★★· neutral·

Hong Kong reaffirms push to develop exchanges and stablecoins

  • —Paul Chan spoke on October 16 at an Atlantic Council session in Bangkok
  • —No new licensing requirements or launch dates were announced
  • —Hong Kong's stablecoin ordinance took effect on August 1, 2025
  • —HKMA named Anchorpoint Financial and HSBC as first licensees on April 10, 2026
Why it matters: Hong Kong is keeping its regulatory course predictable, a key signal for exchanges and stablecoin issuers operating in Asia.
Source: TokenPost