Lee Ka-chi Announces First Stablecoin Licenses to Be Issued Next Month, Boosting Hong Kong's Digital Asset Development

Stablecoin Licenses to Be Issued Soon

Hong Kong Chief Executive Lee Ka-chi recently announced during a video address at the Consensus Hong Kong 2026 Conference that the Monetary Authority is actively processing stablecoin issuer license applications, with the first batch expected to be issued next month.

Promoting Digital Asset Innovation

Lee emphasized that Hong Kong, with its unique 'One Country, Two Systems' framework and open, transparent market environment, has unparalleled advantages. The government is committed to positioning Hong Kong as a global leader in digital asset innovation.

• Monetary Authority is processing stablecoin license applications
• First licenses expected to be issued next month
• Hong Kong aims to become a global digital asset hub