HKMA to Host Technical Briefing on Stablecoin Licensing Regulations Today at 4:30 pm

　　Grande Summit July 29 | According to Caixin, the Hong Kong stablecoin regulations are set to take effect soon, with multiple institutions confirming that the Hong Kong Monetary Authority (HKMA) will host a technical briefing on stablecoin issuer licensing regulations at 4:30 pm today. It is reported that the technical briefing will be led by HKMA's senior team, including Deputy Chief Executive Chen Wei-min, Assistant Chief Executive (Regulatory Affairs and Anti-Money Laundering) Chen Jing-hong, Assistant Chief Executive (Currency Management) He Han-jie, as well as Digital Finance Manager He Hong-zhe. The HKMA has previously indicated that it will release guidelines for the implementation of stablecoin regulations this month, clarifying core regulatory requirements such as anti-money laundering and customer identification. Regulators also warn the market to be rational and not overhyping, with a strict control on the number of initial stablecoin issuer licenses, aiming to complete issuance by the end of the year.