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Hong Kong to Roll Out Stablecoin Law, Expand Web3 Regulations in 2025

TheNewsCrypto LogoTheNewsCrypto16h ago

Hong Kong to Roll Out Stablecoin Law, Expand Web3 Regulations in 2025 - TheNewsCrypto

Quick Summary:

Hong Kong will soon pass stablecoin legislation and establish licensing rules for over-the-counter (OTC) transactions and digital asset custody services.

Financial Secretary Paul Chan announced the plans during the Hong Kong Web3 Festival on Monday, signaling the city’s ongoing push to refine its Web3 policy.

Hong Kong’s approach continues to support growth without compromising stability.


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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 11:12:02 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27658704

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 35 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Hong Kong to Roll Out Stablecoin Law, Expand Web3 Regulations in 2025" has 277 words across 32 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Hong Kong to Roll Out Stablecoin Law, Expand Web3 Regulations in 2025" was covered 16 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 35 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #27658704
  • URL: https://beamstart.com/news/hong-kong-to-roll-out-17440351306138

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