Event Details
Stablecoins are digital assets designed to maintain a stable value, typically pegged to a fiat currency like the Hong Kong dollar. They are widely used in the virtual asset market for trading, remittances, and as a stable store of value in decentralized finance (DeFi) platforms, offering a reliable bridge between traditional finance and cryptocurrencies.
Join the Financial Services Committee and the Innovation and Technology Committee for an insightful panel discussion on Hong Kong's Stablecoin Bill. The Bill, passed on May 21, 2025, is set to take effect later this year and introduces a licensing regime for fiat-referenced stablecoin issuers under the Hong Kong Monetary Authority.
The regime mandates strict compliance with reserve management, redemption, and anti-money laundering standards to enhance financial stability and consumer protection while supporting growth in the virtual asset market. Our expert panel will discuss implications of this regulatory framework for businesses, investors, and the broader virtual asset ecosystem in Hong Kong.
Key discussion points include:
- How the new licensing requirements and reserve management rules will shape the operations of stablecoin issuers and financial institutions in Hong Kong.
- The potential for Hong Kong to strengthen its position as a global digital asset hub amidst growing international competition in stablecoin regulation.
- The effect of anti-money laundering rules on building trust and encouraging retail investors to use stablecoins.
