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Hong Kong’s First Bunch of Stablecoin Licenses Set to Launch

g6pm6 by g6pm6
March 29, 2026
in Investment
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Hong Kong’s First Bunch of Stablecoin Licenses Set to Launch
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shares points market commentary from deVere Group.



Bitfire CEO Livio Weng: “The stablecoin
pilot by note-issuing banks is a prudent, visionary step that
cements stablecoins because the core pillar of Hong Kong’s Web3
ecosystem. Since our August 2025 strategic improve, we have now
onboarded lots of of institutional and ultra-high-net-worth shoppers
who’ve expressed vital demand for stablecoins; consequently, we are going to prioritize integrating compliant Hong Kong
stablecoins into our clearing and settlement programs


Bitfire (1611.HK), a Hong Kong-licensed digital asset supervisor and a “personal financial institution”
for digital belongings (SFC Sort 1,4,9 & TCSP), serving
institutional and HNW shoppers. Merging conventional finance with
almost a decade of crypto quant expertise, Bitfire Analysis
delivers sharp market insights.




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