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Hong Kong Reaffirms Policy to Foster Exchanges and Stablecoins
- Hong Kong Financial Secretary Paul Chan reaffirmed the government's cautious, balanced approach to developing digital asset exchanges and stablecoins.
- No new licensing requirements or implementation timeline were announced; the remarks reiterate existing policy rather than introducing new measures.
- Chan spoke on October 16 at an Atlantic Council session held during the IMF-World Bank Group Annual Meetings in Bangkok, Thailand.