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Hong Kong Financial Secretary Paul Chan: Licensing System for Stablecoin Issuers to Boost Development of Substantial Application Scenarios
Summary: During the Hong Kong Fintech Awards 2025 ceremony, Hong Kong Financial Secretary Paul Chan stated that Hong Kong is actively promoting the development of digital assets, gradually establishing a regulatory framework to balance risk management, investor protection, and industry development, promoting the sustainable development of Hong Kong's digital asset ecosystem. Chan mentioned that the Hong ...
During the Hong Kong Fintech Awards 2025 ceremony, Hong Kong Financial Secretary Paul Chan stated that Hong Kong is actively promoting the development of digital assets, gradually establishing a regulatory framework to balance risk management, investor protection, and industry development, promoting the sustainable development of Hong Kong's digital asset ecosystem.
Chan mentioned that the Hong Kong Stock Exchange has developed the first batch of digital asset indices in Hong Kong, providing transparent and reliable Bitcoin and Ethereum price benchmarks for investors in the Asian time zone, supporting Hong Kong's development as a leading digital asset center in Asia. The implementation of the licensing system for stablecoin issuers next month will help advance the development of substantial application scenarios, supporting Hong Kong's development as a leading digital asset center in Asia. (Sina Finance)
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Link: Hong Kong Financial Secretary Paul Chan: Licensing System for Stablecoin Issuers to Boost Development of Substantial Application Scenarios [Copy]
