Chan Maobo: Hong Kong expects to issue stablecoin licenses later this year

GateNews

2026-01-21 01:47:59

Odaily Planet Daily reports that Financial Secretary Paul Chan Mo-po stated at the World Economic Forum Annual Meeting that Hong Kong adopts an active yet cautious approach to developing digital assets and promotes market development based on the principles of the same activity, same risk, and same regulation. Since 2023, Hong Kong has issued licenses to 11 virtual asset trading platforms and is expected to issue a stablecoin license later this year. In addition, the SAR government has issued three batches of tokenized green bonds totaling approximately $2.1 billion and launched a regulatory sandbox to encourage application innovation. (Hong Kong Economic Journal)

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