Overview

Following the implementation of the regulatory regime for stablecoin issuers under the Stablecoins Ordinance, the HKMA has published Guideline on Supervision of Stablecoin Issuers on 1 August 2025, to outline the regulatory expectations and compliance requirements for licensed stablecoin issuers.

This webinar provides a comprehensive introduction to stablecoins, exploring their role within the digital asset ecosystem, various types and purposes, and the evolving global regulatory landscape, with a focus on Hong Kong.

Content

Stablecoin Fundamentals

• Digital Asset Ecosystem and Landscape
• Stablecoin: Types and Purposes
• Regulatory Frameworks: Globally and in Hong Kong

Financial Industry Applications

• Capital Markets Use Cases: Digital asset trading, cross-border payments, tokenisation of Real-World Assets (RWAs)
• Evolving roles of intermediaries: banks, stablecoin issuers, VATPs, custodians
• Risk Considerations: AML/KYC, Data Protection, Smart Contract/Cyber Risk, etc.

Who should attend

The webinar primarily targets all licensed individuals, senior executives and MICs of licensed corporations, virtual asset service providers, professional services firms and the practitioners who are in the financial industry and banking sector.

Financial Incentive Scheme of the WAM Pilot Programme

This course has already been approved as an eligible course of the Financial Incentive Scheme for Professional Training (“the Scheme”) under the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“the Pilot Programme”). The Scheme aims to enhance the competency and professionalism of in-service practitioners within the asset and wealth management sector and to assist other practitioners within the financial services industry in acquiring the knowledge and skills required for entering the sector. Eligible applicants will be subsidised 80% of the course fees by the HKSAR Government upon satisfactory completion of the courses approved by Hong Kong Securities and Investment Institute, subject to a ceiling of HK$15,000. Hong Kong Securities and Investment Institute is appointed as the implementation agent of the Pilot Programme. Regarding the details of eligible criteria and application procedures, please refer to the dedicated web-site of the Pilot Programme (https://www.wamtalent.org.hk/).