[Wu Jiezhuang: The First Stablecoin License Expected to Be Issued in Early 2026] Foresight News reports, according to Barron's, Hong Kong Legislative Council member Wu Jiezhuang revealed that Hong Kong's stablecoin regulatory framework is stringent, and the first stablecoin license is expected to be issued in early 2026. He stated that the Hong Kong Legislative Council will also initiate legislative procedures next year for offline OTC transactions to further enhance the Web3 ecosystem. Mr. Wu believes that digital assets have become an unstoppable trend, with many countries already incorporating digital assets like Bitcoin into their reserves. He emphasized that Hong Kong has unique advantages in developing the Web3 sector, including no foreign exchange controls, low tax rates, and strong support from the mainland market.