香港Stablecoin許可證：數字金融的新時代

香港將成為Stablecoin創新的樞紐，因為它準備向合格的發行人頒發許可證，這標誌著數字融資法規的重要一步。

Hong Kong is stepping into the future of finance, ready to issue stablecoin licenses to qualified companies. This move highlights Hong Kong's dedication to fostering a responsible and innovative digital asset landscape. Let's dive into what this means for the future of stablecoins in the region.

香港正在踏入金融的未來，隨時準備向合格公司頒發Stablecoin許可證。此舉強調了香港致力於培養負責任的創新數字資產環境。讓我們深入了解這對該地區的Stablecoins的未來意味著什麼。

Hong Kong Prepares to Issue Stablecoin Licenses

香港準備簽發Stablecoin許可證

Hong Kong's Financial Secretary, Paul Chan Mo-po, announced that the Hong Kong Monetary Authority (HKMA) will begin issuing licenses for stablecoin issuers in the coming months. This follows the passage of the Stablecoins Ordinance on May 21, which requires any entity issuing fiat-referenced stablecoins (FRS), including those pegged to the Hong Kong Dollar (HKD), to obtain a license from the HKMA.

香港的財政秘書保羅·陳·莫波（Paul Chan Mo-Po）宣布，香港貨幣管理局（HKMA）將在未來幾個月內開始為Stablecoin發行人頒發許可證。這是在5月21日通過《穩定條例》的通過之後，該法令要求發行菲亞特引用的穩定股（FRS）的任何實體，包括與香港美元（HKD）掛鉤的實體，以從HKMA獲得許可證。

Key Aspects of the Stablecoins Ordinance

Stablecoins條例的關鍵方面

The Stablecoins Ordinance, set to take effect on August 1, 2025, will allow licensed entities to offer FRS in Hong Kong. Retail investors will have access to tokens issued only by these qualified institutions. The ordinance aims to enhance regulatory oversight, promote innovation, and ensure “responsible, sustainable” development within the digital assets sector.

定於2025年8月1日生效的Stablecoins條例將允許獲得許可的實體在香港提供FRS。散戶投資者將只能使用這些合格機構發行的代幣。該條例旨在增強監管監督，促進創新，並確保數字資產部門內“負責，可持續”的發展。

Major Firms Eyeing Stablecoin Adoption

主要公司關注穩定的採用

Several companies have already applied for the HKMA license, including logistics technology firm Reitar Logtech and Ant Group. JD.com, through its fintech arm JD Coinlink, has been testing HKD-pegged tokens under the regulator’s sandbox program and aims to secure a license by early Q4 2025.

幾家公司已經申請了HKMA許可證，包括物流技​​​​術公司Reitar LogTech和Ant Group。 JD.com通過其Fintech Arm JD Coinlink，一直在監管機的沙盒計劃下測試HKD-PEGGGEGGGENS令牌，並旨在在第四季度2025年初獲得許可證。

Hong Kong's Phased Approach

香港的分階段方法

The Hong Kong government is taking a step-by-step approach to develop the sector, starting with the regulation of fiat-backed stablecoins. The second phase may involve stablecoins linked to other assets that are “integrated with the real economy,” focusing on practical use cases rather than speculative instruments.

香港政府正在採取逐步的方法來發展該行業，首先是對菲亞特支持的穩定的穩定者的監管。第二階段可能涉及與“與實際經濟融為一體”的其他資產相關的穩定幣，重點是實用用例，而不是投機儀器。

Why Stablecoins Matter

為什麼穩定劑很重要

Stablecoins, particularly those referenced to fiat currencies, have numerous use cases, including enhancing efficiency and reducing costs for cross-border payments. Hong Kong's move aims to strike a balance between innovation and financial security, building public trust in digital assets.

穩定幣，尤其是那些提到法定貨幣的穩定幣，有許多用例，包括提高效率和降低跨境支付的成本。香港的舉動旨在在創新與金融安全之間取得平衡，建立公眾對數字資產的信任。

Hong Kong as a Digital Finance Hub

香港作為數字金融樞紐

Hong Kong is positioning itself as a global leader in digital asset regulation. The city has already licensed 10 trading platforms and has several more awaiting investigation. Industry leaders believe that clear regulations will attract greater institutional participation and transform the region into a crypto innovation hotspot.

香港將自己定位為數字資產法規的全球領導者。該市已經獲得了10個交易平台許可，並進行了一些正在等待的調查。行業領導人認為，明確的法規將吸引更多的機構參與，並將該地區轉變為加密創新熱點。

My Take: Hong Kong's Strategic Move

我的看法：香港的戰略舉動

Hong Kong's proactive approach to regulating stablecoins is a smart move. By focusing on fiat-backed tokens first, they're laying a solid foundation for broader digital asset adoption. This measured approach, combined with the interest from major firms, suggests Hong Kong is serious about becoming a key player in the digital finance world. The emphasis on real-world use cases over speculation should foster a more stable and sustainable ecosystem.

香港積極的調節Stablecoins的方法是明智的舉動。首先要專注於菲亞特支持的代幣，他們為採用更廣泛的數字資產奠定了堅實的基礎。這種測得的方法，加上主要公司的興趣，表明香港很認真地成為數字金融界的關鍵參與者。對現實世界用例的強調而不是猜測，應該促進一個更穩定和可持續的生態系統。

Stablecoin Summer and Beyond

Stablecoin夏季及以後

As Hong Kong gears up to issue stablecoin licenses, it joins the broader “Stablecoin Summer” trend. With Circle's USDC supply surging and major players like Tron DAO and Kraken Exchange embracing stablecoins, the future looks bright. Stablecoins are increasingly powering real-world assets, DeFi yield farming, and cross-border payments, making them an integral part of the evolving financial landscape.

隨著香港的努力頒發Stablecoin許可，它加入了更廣泛的“ Stablecoin Summer”趨勢。隨著Circle的USDC供應激增，Tron Dao和Kraken Exchange等主要參與者擁抱Stablecoins，未來看起來很光明。 Stablecoins越來越多地為現實世界中的資產提供動力，Defi Trobled養殖和跨境支付，使其成為不斷發展的金融景觀不可或缺的一部分。

So, keep your eyes peeled! Hong Kong's stablecoin scene is about to heat up, and it promises to be an exciting ride. Who knows? Maybe we'll all be paying for our dim sum with HKD-pegged stablecoins before we know it!

因此，請保持眼睛剝皮！香港的Stablecoin場景即將升溫，這有望成為激動人心的旅程。誰知道？也許我們所有人都會用HKD-Peggged Stablecoins支付點心！