Wu said that according to a report by Cable News, the Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, stated in an interview that only a small number of stablecoin licenses will be issued in the first phase. As for whether RMB stablecoins can be issued, he said that the law does not restrict the pegging of currencies, but if it involves currencies from other regions, it may need to be discussed with relevant institutions. He also revealed that Hong Kong will promote the tokenization of financial assets in the future. Following green bonds, the next step is expected to extend to exchange traded funds (ETFs), and he believes that commodity trading such as metals can also be studied using token payments. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45489