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Crypto Regulation Update from Hong Kong

Crypto Regulation Update from Hong Kong

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong has just passed new legislation to regulate stablecoins and require licensing for stablecoin issuers, reinforcing its ambition to become a leading digital asset hub in Asia.

๐Ÿ‘€ What does this mean for the crypto space?

๐Ÿ“Œ Regulatory clarity

Issuers now have a defined legal framework, potentially attracting more institutional players to the region.

๐Ÿ“Œ Investor protection

New safeguards aim to enhance trust and transparency in stablecoin operations.

๐Ÿ“Œ Competitive momentum

With Europeโ€™s MiCA already in place and U.S. proposals in motion, Hong Kongโ€™s move reflects the accelerating pace of regulatory frameworks around the worldโ€”each jurisdiction competing to shape the future of digital finance.

As stablecoins become increasingly central to payments, DeFi, and tokenized finance, regulatory alignment (or divergence) will be critical.

๐—ช๐—ถ๐—น๐—น ๐˜๐—ต๐—ถ๐˜€ ๐—ป๐—ฒ๐˜„ ๐—น๐—ฎ๐˜„ ๐—ต๐—ฒ๐—น๐—ฝ ๐—›๐—ผ๐—ป๐—ด ๐—ž๐—ผ๐—ป๐—ด ๐—ฎ๐˜๐˜๐—ฟ๐—ฎ๐—ฐ๐˜ ๐˜๐—ผ๐—ฝ-๐˜๐—ถ๐—ฒ๐—ฟ ๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ฒ๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐˜€๐˜€๐˜‚๐—ฒ๐—ฟ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฏ๐—ผ๐—ผ๐˜€๐˜ ๐—ถ๐—ป๐˜€๐˜๐—ถ๐˜๐˜‚๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฎ๐—ฑ๐—ผ๐—ฝ๐˜๐—ถ๐—ผ๐—ป?

Letโ€™s keep an eye on the regulatory mapโ€”itโ€™s changing fast. ๐Ÿš€

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Published on 19.06.2025

Melchior has 15+ years of experience in financial services, including 10 years within the AXA Group. Prior to Portofino, Melchior led Business Development at Lynceus Partners and Architas (AXA Group), accelerating growth through market & product expansion. Before this, Melchior was an investor in global listed equity and fixed income markets for companies within the AXA Group. He has an MSc in Hardware & Software Engineering from CentraleSupรฉlec.

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