Hong Kong: Stablecoin Ordinance will take effect on August 1, 2025
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币界网报道：According to the Coinnet report, on June 6, the Hong Kong SAR Government published the Stablecoin Ordinance (Effective Date) Notice in the Gazette today (June 6), designating August 1, 2025 as the date on which the Stablecoin Ordinance (Chapter 656) (the Ordinance) will come into effect. The Secretary for Financial Services and the Treasury, Paul Chan, said: "After the Ordinance comes into effect, the licensing system will provide appropriate regulations for related stablecoin activities, which is a milestone in promoting the sustainable development of Hong Kong's stablecoin and digital asset ecosystem."
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