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.

On July 31, the Hong Kong Monetary Authority's official website updated information stating that with the implementation of the regulatory regime for stablecoin issuers under the "Stablecoin Ordinance" on August 1, 2025, the business of issuing legal tender stablecoins has become a regulated activity requiring a license. Therefore, the relevant details of the regulatory regime are listed, including: the licensing system for stablecoin issuers, the supervision of licensed stablecoin issuers, and the register of licensed stablecoin issuers. The register of licensed stablecoin issuers contains the names and basic information of licensed stablecoin issuers, and the public can obtain the latest list of licensed institutions through the register. Currently, there are no licensed stablecoin issuers, and the relevant list will be updated in due course. [BlockBeats]