Hong Kong's first batch of stablecoin licenses were announced this afternoon.

CoinFeed reported on April 10th that, according to the Daily Economic News, the Hong Kong Monetary Authority (HKMA) will announce the first batch of stablecoin licenses at 5 PM on April 10th. Following the announcement, licensed stablecoin issuers will meet with the media. Previously, the HKMA completed the final review of the first batch of applications in mid-March 2026 and is currently in the official public announcement preparation stage. The HKMA received 36 applications, and plans to issue 2-3 licenses in the first batch, with stringent regulatory standards. In early February this year, HKMA Chief Executive Eddie Yue stated that the goal is to issue the first batch of stablecoin issuer licenses in Hong Kong in March of this year. He also emphasized, "The number of licenses issued in the first batch will definitely be small, with a focus on stability."