# HKMA

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#HongKongStablecoinIssuerLicenseList 🏛️💱
Hong Kong is moving closer to launching its first regulated stablecoin framework, as the Hong Kong Monetary Authority (HKMA) continues reviewing applications submitted under the new Stablecoins Ordinance.
According to recent updates, regulators are currently evaluating multiple applications from financial institutions and technology companies interested in issuing regulated stablecoins in Hong Kong.
📊 What We Know So Far
🔹 The HKMA previously confirmed it received dozens of applications before the 2025 deadline.
🔹 The first batch of approvals is ex

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