Hong Kong Advances Crypto Regulation with New Stablecoin and ETF Staking Laws
- Finance Minister Paul Chan announced new stablecoin legislation at the Hong Kong Web3 Festival 2025.
- The upcoming regulations will focus on licensing custodians, OTC platforms, and traded ETFs.
- The Securities and Futures Commission (SFC) has introduced guidelines for staking activities by ETFs.
- The Financial Services and Treasury Bureau and HKMA are working to implement the stablecoin licensing regime this year.
At the Hong Kong Web3 Festival 2025, Finance Minister Paul Chan emphasized new stablecoin legislation as a critical step in enhancing crypto market stability. The SFC also released guidelines for ETF staking activities to ensure investor protection.
Source (2.6)https://hodl.press/hong-kong-finance-minister-unveils-stablecoin-and-etf-staking-legislation/?rand=24434
