Beijing Business Daily: Hong Kong stablecoin license review enters final stages, industry warns of regulatory policy differences with mainland China

Odaily Planet Daily reports that the Hong Kong stablecoin license issuance attitude remains steady. The related review and research work is about to be completed. Industry experts believe this is a choice that considers the risks of the global stablecoin market and the actual development of Hong Kong’s financial sector. However, investors should be aware of the regulatory policy differences between Mainland China and Hong Kong regarding stablecoins. It is recommended that investors stay away from all types of unlicensed domestic and overseas stablecoin products. Additionally, participating in licensed stablecoin-related businesses in Hong Kong across borders requires compliance with Mainland China’s foreign exchange, cross-border transaction, and other relevant regulations. Investors should be cautious of irrational investment risks caused by market speculation and avoid blindly engaging in related trading activities.