PANews reported on October 2nd that, according to Jinshi, the Hong Kong Monetary Authority (HKMA) revealed that as of September 30th, it had received applications for stablecoin licenses from 36 institutions, including banks, technology companies, and other sectors. The HKMA will review applications in accordance with the Stablecoin Ordinance and aim to announce the first batch of licenses early next year, with only a limited number of licenses to be issued in the initial phase. Previously, the HKMA encouraged interested institutions to contact the HKMA by August 31st and submit their applications by September 30th.PANews reported on October 2nd that, according to Jinshi, the Hong Kong Monetary Authority (HKMA) revealed that as of September 30th, it had received applications for stablecoin licenses from 36 institutions, including banks, technology companies, and other sectors. The HKMA will review applications in accordance with the Stablecoin Ordinance and aim to announce the first batch of licenses early next year, with only a limited number of licenses to be issued in the initial phase. Previously, the HKMA encouraged interested institutions to contact the HKMA by August 31st and submit their applications by September 30th.
Hong Kong Monetary Authority: As of the end of September, a total of 36 institutions have submitted applications for stablecoin licenses
PANews reported on October 2nd that, according to Jinshi, the Hong Kong Monetary Authority (HKMA) revealed that as of September 30th, it had received applications for stablecoin licenses from 36 institutions, including banks, technology companies, and other sectors. The HKMA will review applications in accordance with the Stablecoin Ordinance and aim to announce the first batch of licenses early next year, with only a limited number of licenses to be issued in the initial phase. Previously, the HKMA encouraged interested institutions to contact the HKMA by August 31st and submit their applications by September 30th.
Market Opportunity
CyberKongz Price(KONG)
$0.001617
$0.001617$0.001617
USD
CyberKongz (KONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Best Upcoming Meme Coin Presale? Why Analysts Point To APEMARS as The Next 1000x Coin Besides Viral Coins Like Pepe And Fartcoin
Some stories in crypto unfold slowly. Others move fast and pull people in before they finish the first page. Right now, three meme-driven projects are creating
Share
Coinstats2026/01/05 03:15
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets
The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Uniswap Activates Deflationary Fee Mechanism as UNI Tests Support Amid Bitcoin Weakness
The post Uniswap Activates Deflationary Fee Mechanism as UNI Tests Support Amid Bitcoin Weakness appeared on BitcoinEthereumNews.com. Darius Baruo Jan 04, 2026
Share
BitcoinEthereumNews2026/01/05 05:27