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Hong Kong Financial Secretary Paul Chan: South Korean Regulatory Agencies Pay Close Attention to Hong Kong Stablecoin Issue

Summary: In a recent statement, Hong Kong Financial Secretary Paul Chan mentioned in his essay 'Trip to Seoul' that the innovative products in the Hong Kong market have gained recognition from the South Korean financial sector. South Korean industry and regulatory agencies are very interested and concerned about Hong Kong's development in digital assets and the ...

In a recent statement, Hong Kong Financial Secretary Paul Chan mentioned in his essay 'Trip to Seoul' that the innovative products in the Hong Kong market have gained recognition from the South Korean financial sector. South Korean industry and regulatory agencies are very interested and concerned about Hong Kong's development in digital assets and the upcoming stablecoin regulations. There have been in-depth discussions ranging from sharing regulatory experiences to promoting industry development and the direction of stablecoin applications.

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