🇭🇰 HONG KONG DOUBLES DOWN ON WEB3

Paul Chan says the first stablecoin licenses are just the beginning

Hong Kong remains open to Web3 firms, with a focus on real-world use cases

Key points:

• Stablecoins aimed at improving cross-border payments

• Over $2B in tokenized bonds already issued

• New committee to explore Web3 and AI integration

Hong Kong continues to advance its digital asset strategy