According to online reports, the Hong Kong Monetary Authority issued a draft for comments to the local banking industry on September 8, 2025, a new module of the Banking Supervision Policy Manual (SPM), CRP-1,"Classification of Cryptocurrencies", which is to be implemented in early 2026. The new rules for bank capital of the Basle Committee on Banking Supervision's crypto asset supervision standards. The draft regulatory guidelines clearly state that in the future, stablecoins that will be issued by the Hong Kong Monetary Authority with compliance licenses under the Stability Coin Ordinance will be classified as a crypto asset class with lower risk exposure and enjoy bank capital requirements far lower than the original classification in the Banking (Capital) Rules. Industry insiders pointed out that the Hong Kong Monetary Authority issued guidance in a timely manner, clarifying that banks holding compliant stablecoins are expected to enjoy lower capital requirements, creating favorable conditions for the use and circulation of compliant stablecoins in the Hong Kong banking system.