Hong Kong is aggressively building a regulated virtual asset hub, launching a licensing regime for stablecoins to boost confidence and attract global players. This move, part of a broader strategy including staking and upcoming OTC/custodian rules, aims to reassert its financial dominance amidst geopolitical shifts and fierce competition. In the glass towers overlooking Victoria Harbour, where fortunes have been made and global markets shaped for decades, a palpable tension hangs in the air. Hon
