Hong Kong's stablecoin law requires licensed issuers to implement robust systems for risk management, anti-money laundering, counter-terrorist financing, disclosure, and auditing

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Licensed issuers will have to follow strict rules on managing reserves, allowing redemptions at face value, keeping client assets separate, and meeting standards for anti-money laundering, risk management, disclosure, and auditing.

Under the new regime, stablecoin issuers must meet requirements in key areas such as reserve asset management, redemption mechanisms, and client asset segregation. They are expected to maintain robust systems to stabilize token value and comply with anti-money laundering standards, counter-terrorist financing, risk management, and other regulatory requirements.