香港將穩定法案納入法律，管理菲亞特參考的stablecoins

香港立法委員會已頒布了《穩定法案》，該法案將統治菲亞特引用的穩定者（FRS）。根據這項立法

The Legislative Council of Hong Kong has enacted the Stablecoins Bill, which will govern fiat-referenced stablecoins (FRS). The new legislation, introduced in response to the growing interest in virtual assets (VA), aims to boost financial stability and encourage new ideas in the virtual asset area, placing Hong Kong at the forefront of global digital finance regulation.

香港立法委員會已頒布了《穩定法案》，該法案將統治菲亞特引用的穩定者（FRS）。為了響應虛擬資產（VA）日益增長的興趣而引入的新立法旨在提高財務穩定並鼓勵虛擬資產領域的新思想，使香港處於全球數字金融監管的最前沿。

The bill mandates that any organization issuing an FRS in Hong Kong or linking it to the Hong Kong dollar must be licensed by the Monetary Authority (MA). Issuers will be required to properly handle and segregate client funds as mandated by the rules and create a robust method to maintain the value of the stablecoin.

該法案規定，任何在香港發行FRS或將其鏈接到香港美元的組織都必須獲得貨幣管理局（MA）的許可。將要求發行人按照規則的要求正確處理和隔離客戶資金，並創建一種可靠的方法來維護穩定的價值。

Institutions must have a valid license to issue FRS in Hong Kong, and such operators will be the only ones permitted to provide stablecoins to retail investors. The advertising of FRS is also covered by the legislation, with only licensed groups allowed to advertise their stablecoins. This segment exists to deter fraud and reduce the risk of scams affecting the market.

機構必須擁有在香港發行FRS的有效許可，並且此類運營商將是唯一被允許為零售投資者提供穩定的公司的運營商。法律也涵蓋了FRS的廣告，只有持牌團體才能宣傳他們的穩定幣。該細分市場的存在是為了阻止欺詐並減少影響市場的騙局的風險。

Mr Christopher Hui, the Secretary for Financial Services and the Treasury, emphasized that the Ordinance employs the principle “same activity, same risks, same regulation.” The goal is to establish a regulatory system based on risk, flexible and easy to understand, and in line with global standards. As a result, Hong Kong’s virtual asset sector will continue to improve and enhance its leading role on the global stage.

金融服務和財政部秘書克里斯托弗·惠（Christopher Hui）強調，該條例採用了“相同的活動，相同的風險，相同的法規”的原則。目的是建立一個基於風險，靈活且易於理解的監管系統，並符合全球標準。結果，香港的虛擬資產部門將繼續改善並提高其在全球舞台上的領先作用。

The Chief Executive highlighted that the new rules are pragmatic and capable of being adapted to specific needs. He anticipates it will foster the steady and reliable growth of the digital asset ecosystem, aiding Hong Kong in becoming a major center for digital finance.

首席執行官強調，新規則是務實的，能夠適應特定需求。他預計，這將促進數字資產生態系統的穩定增長，以幫助香港成為數字融資的主要中心。

The Stablecoins Ordinance is set to begin operation by the end of the year, with a period of time being granted for companies to adjust to the new regulations. The Hong Kong government is also discussing further regulations with the industry regarding VA over-the-counter trading and custody services, in support of the virtual asset industry.

Stablecoins條例將在年底之前開始運營，並允許公司適應新法規的一段時間。香港政府還正在與該行業討論有關VA非處方交易和監護權服務的進一步法規，以支持虛擬資產行業。