Hong Kong Acting Chief Executive Chen Guoji: Stablecoin regulatory framework is expected to be implemented before the end of the year
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2025-03-30 15:02 9,028
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According to Golden Finance, Hong Kong's acting Chief Executive Chen Guoji announced that the Hong Kong government will soon issue a second virtual asset policy statement, which will position Hong Kong as an Asian digital asset innovation center, and will implement a stablecoin regulatory framework as early as later this year. 10 digital asset trading platform licenses have been approved so far, and more licenses will be approved in the near future.