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The Hong Kong Monetary Authority (HKMA) website has launched a Licensed Stablecoin Issuer Register, but there are currently no issuers listed.

By: theblockbeats.news|2025/07/31 11:21:55

BlockBeats News, July 31st. The Hong Kong Monetary Authority (HKMA) updated its website, stating that with the implementation of the Stablecoin Issuer Oversight Framework under the Stablecoin Law on August 1, 2025, the issuance of fiat-backed stablecoins has become a licensed and regulated activity. The regulatory details of the oversight framework include: the Stablecoin Issuer Licensing Regime, supervision of Licensed Stablecoin Issuers, and the Licensed Stablecoin Issuer Register.

The Licensed Stablecoin Issuer Register contains the names and basic information of Licensed Stablecoin Issuers. The public can access the latest list of licensed entities through the register. Currently, there are no Licensed Stablecoin Issuers, and the list will be updated in due course.

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The total strategic Ethereum reserves held by 64 entities has surpassed $10 billion.