2026-05-27
Added · Updated
The Hong Kong Monetary Authority issued this circular to provide guidance on authorized institutions engaging in dealing, advisory, and portfolio management services involving stablecoins authorized under the Stablecoins Ordinance. Authorized institutions must adhere to the standards and prescribed terms outlined in the HKMA Circular issued on 27 May 2026, specifically referencing Appendices A1 and A2. Institutions are required to discuss their engagement in these activities with the HKMA in advance before commencing operations.