- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Analysis: Hong Kong Stablecoin License Application Intent Far Exceeds Expectations, HKMA May Issue More Licenses in the Future

By: theblockbeats.news|2025/09/03 06:22:25

BlockBeats News, September 3rd, according to Aastocks, Ma Yingcong, Director of the United Nations Hong Kong Fund Greater Bay Area Development Research, stated in an interview with Radio Television Hong Kong that the clear regulatory and policy direction of the Hong Kong Stablecoin has attracted many institutions. Currently, the intention to apply for a license far exceeds expectations. It is believed that large technology companies will tend to use stablecoins in payment scenarios, while traditional financial institutions may apply them to cross-border settlements. If the first batch of stablecoins licensed institutions operate effectively, it will drive the Hong Kong Monetary Authority to issue more licenses in the future.

A whale deposited 3.25 million USDC into Hyperliquid and shorted ETH with 25x leverage.

Fosun Wealth Holdings leveraged Vaulta technology to tokenize $328 million worth of stocks, with Solana as the underlying technology stack for issuance and settlement.