The review of stablecoin licenses in Hong Kong is nearing completion, and industry insiders remind of the differences in regulatory policies in the mainland

Beijing Business Today pointed out that Hong Kong's attitude towards the issuance of stablecoin licenses remains steady, and the relevant review and research work is about to be completed. Industry insiders believe this is a choice that takes into account the risks of the global stablecoin market and the actual financial development of Hong Kong. However, investors should be clear about the differences in regulatory policies regarding stablecoins between the mainland and Hong Kong. It is recommended that investors stay away from various unlicensed stablecoin products both domestically and abroad. Additionally, when participating in licensed stablecoin-related businesses in Hong Kong across borders, they must comply with relevant regulatory provisions on foreign exchange and cross-border transactions in the mainland, and be cautious of irrational investment risks brought by market speculation, avoiding blind participation in related trading activities.