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Hong Kong Cyberport: Stablecoin and Digital Asset Pilot Project Launched

By: theblockbeats.news|2025/09/15 09:42:53
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BlockBeats News, September 15, 2025 — At the Digital Entertainment Leadership Forum (DELF), Dr. Charles Cheung, the CEO of Cyberport, stated that with the Hong Kong Stablecoin Regulation taking effect on August 1, Cyberport has gathered nearly 290 technology companies in the blockchain, smart contract, data auditing, and cybersecurity fields, forming a digital asset technology support network covering Mainland China, Hong Kong, and overseas. This network provides end-to-end technical support for stablecoin and RWA (Real World Asset) tokenization businesses.

To balance regulation and market vitality, Cyberport has launched stablecoin and digital asset pilot projects. From over 200 applications, they have selected 9 cross-industry use cases (including finance, logistics, healthcare, etc.), conducted end-to-end scenario validation (including issuance, retail, AML processes, etc.), created replicable industry templates, and provided the government with technological challenges and regulatory references.

Dr. Cheung emphasized that the pilot project aims to explore a "regulatory sandbox" model that prevents risks while driving innovation, helping Hong Kong become a hub for digital asset technology. Currently, Cyberport has attracted a U.S. data auditing company, the Zhejiang University blockchain team, and a Mainland Chinese virtual currency tracking company to establish a presence. In the future, they will continue to collaborate with the government to build a healthy ecosystem and enhance Hong Kong's global competitiveness in the Web3 field. (Titanium Media)

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