Hong Kong's First Bunch of Stablecoin Licenses Set to Launch
Hong Kong prepares to launch its first stablecoin licenses, signaling growing institutional demand and strengthening its position as a global Web3 and digital asset hub.
Hong Kong's First Bunch of Stablecoin Licenses Set to Launch
(Investorideas.com Newswire) a go-to platform for big investing ideas, including crypto stocks issues market commentary from deVere Group.
Bitfire CEO Livio Weng: “The stablecoin pilot by note-issuing banks is a prudent, visionary step that cements stablecoins as the core pillar of Hong Kong’s Web3 ecosystem. Since our August 2025 strategic upgrade, we have onboarded hundreds of institutional and ultra-high-net-worth clients who have expressed significant demand for stablecoins; consequently, we will prioritize integrating compliant Hong Kong stablecoins into our clearing and settlement systems
Bitfire (1611.HK), a Hong Kong-licensed virtual asset manager and a "private bank" for digital assets (SFC Type 1,4,9 & TCSP), serving institutional and HNW clients. Merging traditional finance with nearly a decade of crypto quant experience, Bitfire Research delivers sharp market insights.
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