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The Hong Kong stablecoin bill officially takes effect. Financial authorities say they will start granting stablecoin issuer licenses early next year. Heres everything we know about the bill. Summary Hong Kongs stablecoin bill comees into effect on August 1, marking its historic debut.Stablecoin issuer licenses are expected to be granted by the HKMA starting early 2026. The license allows companies to issue stablecoins pegged to the HKD and USD as well as offer stablecoi