Posted: July 7, 2025
Hong Kong to issue limited stablecoin licences amid regulatory shifts
In June 2025, stablecoins gained sudden prominence within China’s financial and technology sectors following pivotal regulatory developments. At the Lujiazui Forum in Shanghai, Pan Gongsheng, Governor of the People’s Bank of China (PBoC), announced new policy directions concerning digital assets. Shortly thereafter, the International Monetary Fund (IMF) expressed its support…
