Hong Kong’s Stablecoin Bill, passed on 21 May 2025, mandates licensing for fiat-backed stablecoin issuers, ensuring reserves, transparency, and stability to boost Web3 innovation and financial trust.

Stablecoins represent a critical advancement in the cryptocurrency landscape, serving as a secure option for investors and laying the groundwork for the future of digital finance. As regulatory frameworks solidify and technological advancements continue, stablecoins are expected to play an increasingly important role in the global economy, fostering a more stable and inclusive financial future.

Moore Hong Kong Introduces VeriNumus, Providing Real Time Attestation Solution for Top Stablecoin TUSD

We’re excited to announce that Moore Hong Kong will provide daily attestation services to TrueUSD and present daily attestation reports for its stakeholders and token holders.