Hong Kong Monetary Authority: If a stablecoin issuer is not satisfied, it will receive a "rejection notice"
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最新报道：According to the 21st Century Business Herald, the Hong Kong Stablecoin Ordinance officially came into effect today. The Monetary Authority of the Hong Kong Monetary Authority will grant a "temporary license" to stablecoin issuers that can prove their capabilities in the first six months (before February 1, 2026). If the stablecoin issuer is not satisfied, it will receive a "rejection notice" issued by the Monetary Authority. The entity will enter the winding-up period on the day the notice is issued and will orderly close its Hong Kong business within one month.
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