The Hong Kong Monetary Authority (HKMA) has launched a register of licensed stablecoin issuers on its official website, but there are currently no issuers listed.

The Hong Kong Monetary Authority's official website has been updated to state that with the implementation of the regulatory regime for stablecoin issuers under the "Stablecoin Ordinance" on August 1, 2025, the business of issuing fiat-referenced stablecoins will become a regulated activity requiring a license. Therefore, it lists the relevant details of the regulatory regime, including: the licensing system for stablecoin issuers, the supervision of licensed stablecoin issuers, and the register of licensed stablecoin issuers. [Foresight News]