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![shyftnetwork Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::907577656941584385.png) Shyft Network [@shyftnetwork](/creator/twitter/shyftnetwork) on x 24.4K followers
Created: 2025-06-23 10:24:00 UTC

Hong Kong’s stablecoin regulation is now law.
Starting Aug 1, 2025, a license from HKMA is required to issue any fiat-pegged stablecoin. 

Pegged to HKD or any fiat? You're regulated—no matter where you're based.

#Stablecoins #CryptoRegulation #Web3Compliance

![](https://pbs.twimg.com/amplify_video_thumb/1937093212641931264/img/eF0wEQe6wGj_eOH6.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1937094278527791506/c:line.svg)

**Related Topics**
[stablecoins](/topic/stablecoins)
[fiat](/topic/fiat)
[hong kong dollar](/topic/hong-kong-dollar)
[coins stablecoin](/topic/coins-stablecoin)
[shyft network](/topic/shyft-network)
[coins defi](/topic/coins-defi)

[Post Link](https://x.com/shyftnetwork/status/1937094278527791506)