香港将稳定法案纳入法律，管理菲亚特参考的stablecoins

香港立法委员会已颁布了《稳定法案》，该法案将统治菲亚特引用的稳定者（FRS）。根据这项立法

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.

香港立法委员会已颁布了《稳定法案》，该法案将统治菲亚特引用的稳定者（FRS）。为了响应虚拟资产（VA）日益增长的兴趣而引入的新立法旨在提高财务稳定并鼓励虚拟资产领域的新思想，使香港处于全球数字金融监管的最前沿。

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.

该法案规定，任何在香港发行FRS或将其链接到香港美元的组织都必须获得货币管理局（MA）的许可。将要求发行人按照规则的要求正确处理和隔离客户资金，并创建一种可靠的方法来维护稳定的价值。

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.

机构必须拥有在香港发行FRS的有效许可，并且此类运营商将是唯一被允许为零售投资者提供稳定的公司的运营商。法律也涵盖了FRS的广告，只有持牌团体才能宣传他们的稳定币。该细分市场的存在是为了阻止欺诈并减少影响市场的骗局的风险。

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.

金融服务和财政部秘书克里斯托弗·惠（Christopher Hui）强调，该条例采用了“相同的活动，相同的风险，相同的法规”的原则。目的是建立一个基于风险，灵活且易于理解的监管系统，并符合全球标准。结果，香港的虚拟资产部门将继续改善并提高其在全球舞台上的领先作用。

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.

首席执行官强调，新规则是务实的，能够适应特定需求。他预计，这将促进数字资产生态系统的稳定增长，以帮助香港成为数字融资的主要中心。

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条例将在年底之前开始运营，并允许公司适应新法规的一段时间。香港政府还正在与该行业讨论有关VA非处方交易和监护权服务的进一步法规，以支持虚拟资产行业。