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  "raw_markdown_url": "https://finwiki.zksc.io/fintech/southeast-asia-stablecoin-regulatory-landscape.md",
  "domain": "fintech",
  "title": "Southeast Asia Stablecoin Regulatory Landscape 2026 · Official-Source Matrix",
  "entry_type": "wiki_entry",
  "frontmatter": {
    "title": "Southeast Asia Stablecoin Regulatory Landscape 2026 · Official-Source Matrix",
    "aliases": [
      "sea-stablecoin-regulation",
      "ASEAN stablecoin map",
      "southeast-asia-sc-regulatory-landscape",
      "SEA stablecoin 2026",
      "mas-hkma-ojk-bot-bsp-bnm-comparison",
      "asean cbdc stablecoin matrix",
      "se-asia-payment-token-regulation"
    ],
    "domain": "fintech",
    "type": null,
    "created": "2026-05-25",
    "last_updated": "2026-07-30",
    "last_tended": "2026-07-30",
    "review_by": "2026-11-25",
    "confidence": "certain",
    "tags": [
      "fintech",
      "stablecoin",
      "cbdc",
      "southeast-asia",
      "asean",
      "mas",
      "hkma",
      "ojk",
      "bot",
      "bsp",
      "bnm",
      "sbv",
      "regulation"
    ],
    "status": "active",
    "canonical_anchor": null,
    "related": [],
    "note": null,
    "sources": [
      "https://www.mas.gov.sg/regulation/explainers/regulatory-approach-to-stablecoin-related-activities",
      "https://www.hkma.gov.hk/eng/key-functions/international-financial-centre/regulatory-regime-for-stablecoin-issuers/",
      "https://www.hkma.gov.hk/media/eng/publication-and-research/annual-report/2025/16_International_Financial_Centre.pdf",
      "https://www.bot.or.th/en/financial-innovation/digital-finance/fintech-in-thailand/regulatory-sandbox.html",
      "https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9366",
      "https://www.sc.com.my/digital-assets",
      "https://www.bsp.gov.ph/PaymentAndSettlement/Project-Agila/Project-Agila-Report.pdf",
      "https://www.bsp.gov.ph/Regulations/Issuances/2025/M-2025-031.pdf",
      "https://www.ojk.go.id/id/berita-dan-kegiatan/siaran-pers/Pages/Bappebti-Kemendag-Alihkan-Tugas-Aset-Keuangan-Digital-termasuk-Aset-Kripto-serta-Derivatif-Keuangan-kepada-OJK-dan-BI.aspx",
      "https://www.bi.go.id/en/rupiah/digital-rupiah/default_2.aspx",
      "https://vbpl.moj.gov.vn/bokhoahoccongnghe/Pages/vbpq-toanvan.aspx?ItemID=179989",
      "https://chinhphu.vn/?classid=1&docid=215249&pageid=27160"
    ]
  },
  "summary": "This entry sits under fintech index and is the regional routing surface for ASEAN-plus-HK stablecoin policy. Read it alongside the five-pole global matrix at fintech/global-stablecoin-regulatory-five-pole-matrix (which slots MAS and HKMA into a world view) and the EM dollarization counter-pattern at",
  "headings": [
    "Southeast Asia Stablecoin Regulatory Landscape 2026 · Official-Source Matrix",
    "Wiki route",
    "Why a regional map matters",
    "Singapore MAS · framework is not an issuer register",
    "Hong Kong HKMA · ASEAN-adjacent comparator",
    "Singapore and Hong Kong · what can be compared",
    "Thailand · payment-use rule and sandbox are separate",
    "Malaysia · digital-asset market regulation is not a stablecoin regime",
    "Philippines · wholesale CBDC and VASP access are distinct",
    "Vietnam · new digital-asset law and a bounded pilot"
  ],
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      "exchanges/sg-mas-dpt-licensing-overview",
      "fintech/INDEX",
      "fintech/em-market-crypto-dollarization-pattern",
      "fintech/global-stablecoin-regulatory-five-pole-matrix",
      "fintech/hk-frtb-stablecoin-reserve-overview",
      "fintech/hkma-stablecoin-licensing-implications",
      "fintech/hkma-stablecoin-licensing-overview",
      "fintech/india-anti-dollar-dpi-alliance",
      "fintech/indonesia-ovo-stablecoin-route",
      "fintech/jurisdiction-list-monetary-protectionism",
      "fintech/mbridge-bis-multi-cbdc-overview",
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      "https://www.bsp.gov.ph/Regulations/Issuances/2025/M-2025-031.pdf",
      "https://www.bsp.gov.ph/SitePages/FinancialStability/BSPVerifier.aspx",
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      "https://www.hkma.gov.hk/media/eng/publication-and-research/annual-report/2025/16_International_Financial_Centre.pdf",
      "https://www.mas.gov.sg/regulation/explainers/regulatory-approach-to-stablecoin-related-activities",
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