HKMA Licensed Stablecoin Issuers
Issuing fiat-referenced stablecoins in Hong Kong has required an HKMA licence since 1 Aug 2025. The HKMA received 36 applications in the first batch; 2 licensees are on its register (read 21 Oct 2026).
| Licensee | Licence | Effective |
|---|---|---|
| Anchorpoint Financial Limited | FRS01 | 10 Apr 2026 |
| The Hongkong and Shanghai Banking Corporation Limited | FRS02 | 10 Apr 2026 |
Source: HKMA Register of Licensees under the Stablecoins Ordinance (Cap. 656), last revised 23 April 2026.
Analysis: two licences from 36 applications.
Cite This Page
VASP Tracker, “HKMA Stablecoin Licences: Hong Kong Register”, https://vasptracker.com/en/hk/stablecoins/ (accessed 21 Oct 2026). CC BY 4.0.