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Hong Kong Legislative Council member Wong Chun-suk: Stablecoin licensing should be completed as soon as possible and the list should be published
9hours ago

According to Odaily Planet Daily, Hong Kong Legislative Council member and member of the Stablecoin Bill Committee, Wong Chun-shuo, stated that regulators should expedite the licensing of stablecoin issuers after completing their review procedures and publish a list of licensed entities, ensuring the public's safe use and investment under legal protection. He emphasized that the practical application scenarios of stablecoins are still in the exploratory stage and should not be used as a tool for speculation. He also urged authorities to strengthen public education and publicity on digital assets to raise investor awareness and prevent them from being scammed. (East Net)