Hong Kong Monetary Authority: Will continue to communicate with institutions that have not yet been granted stablecoin licenses in the first batch, and is open but cautious about issuing additional licenses

Gate News message, on April 10, the Hong Kong Monetary Authority said it will maintain communication and exchange with the first batch of applicants that were not granted licenses, as well as with other institutions that apply in the future, and review these applications in accordance with unified regulatory standards and requirements. Regarding the future issuance of stablecoin licenses and the timetable, the Monetary Authority has an open yet cautious attitude, and at this stage there is no clear inclination.

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