Hong Kong Issues Two Stablecoin Licenses, Plans Further Web3 Integration
Hong Kong issues two stablecoin licenses and $2B in tokenized bonds, exploring Web3 and AI integration for cross-border payments.
➤ Hong Kong has issued two stablecoin licenses and facilitated over $2 billion in tokenized bond issuance. ➤ The city is actively exploring the integration of Web3 and AI technologies for innovative cross-border payment solutions. ➤ Financial Secretary Paul Chan reiterated Hong Kong's openness to Web3 institutions and its commitment to leveraging digital assets.















