1. Hong Kong’s First Batch of Stablecoin Issuer Licenses, Expected by End-March, Remain Unannounced as of March 31 link

Hong Kong’s first batch of stablecoin issuer licenses, originally expected to be issued by the end of March, remained unreleased as of March 31. In response, a spokesperson for the Hong Kong Monetary Authority stated that it is fully advancing the licensing process and will make an announcement in due course. Earlier, Eddie Yue, Chief Executive of the HKMA, said 36 license applications had been received and that a small number of initial licenses would be issued in March. Market expectations had widely predicted that institutions including HSBC and Standard Chartered would be on the first list.

2. Cambodia Advances…