Hong Kong’s push to regulate stablecoins gained momentum as the Future Stablecoin Summit 2025 wrapped up, with industry leaders and policymakers discussing the city’s evolving regulatory framework. The event, organised by the Hong Kong Digital Finance Association (HKDiFi), coincided with the government’s submission of a draft stablecoin bill to the Legislative Council. Carrie Law, Chair of HKDiFi’s Strategy and Global Outreach Committee, emphasised the association’s role in balancing innovation with stability while fostering young talent in fintech. Discussions at the summit covered reserve management, investor protection, and compliance, aligning with global regulatory standards. The event reinforced Hong Kong’s position as a digital finance hub, as the city also hosted the Web3-focused “Consensus” summit with over 320 side events.