---
title: Hong Kong Consultation Results on Stablecoin Framework
description: The HKMA published the results of its consultation on legislative proposals to establish a regulatory framework for stablecoin issuers.
---

[News & insights ](https://www.plenitudeconsulting.com/news-insights)

# [Hong Kong Consultation Results on Stablecoin Framework](https://www.plenitudeconsulting.com/news-insights/hong-kong-consultation-results-on-stablecoin-framework)

 Written by [Insight & Partnership Team](https://www.plenitudeconsulting.com/news-insights/author/insight-partnership-team) | Jul 19, 2024 9:07:47 AM

Highlights include:

- The proposed regulatory regime intends to primarily focus on representations of value which rest on ledgers operated in a decentralised manner;
- The HKMA confirms that it intends to progress with the proposed legislative approach; and
- The HKMA considered key fraud risks when determining the non-contravention period.

Relevant firms can view the published feedback and responses to prepare for the forthcoming regulatory and legislative changes.

[View full post](https://www.plenitudeconsulting.com/news-insights/hong-kong-consultation-results-on-stablecoin-framework)

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