Story Highlights* Hong Kong is set to issue its first stablecoin licenses in Q1, marking a major step in its crypto regulatory rollout.
Regulators are positioning stablecoins as a core part of the city’s long-term digital asset strategy.
Asset managers warn tighter rules could slow institutional participation as licensing expands.
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Hong Kong to Issue First Stablecoin Licenses in Q1 as Crypto Race Heats Up
Story Highlights* Hong Kong is set to issue its first stablecoin licenses in Q1, marking a major step in its crypto regulatory rollout.