Hong Kong is set to take a significant step in the cryptocurrency landscape by preparing to issue its first licenses for stablecoin operations as early as March, according to a statement made by the Financial Secretary. This initiative marks a pivotal moment in the city's regulatory approach to digital currencies, reflecting its commitment to fostering innovation while ensuring a robust framework for financial stability. The announcement comes as part of broader efforts to position Hong Kong as a leading hub for fintech and digital asset development in the region.
source: https://www.coindesk.com/policy/2026/02/11/hong-kong-ready-to-issue-first-stablecoin-licenses-in-march-financial-secretary-says