According to Wu Shuo, as reported by the Hong Kong Economic Journal, Hong Kong Financial Secretary Paul Chan Mo-po stated at the 2026 World Economic Forum in Davos that a stablecoin license is expected to be issued later this year. He pointed out that Hong Kong adopts an active yet cautious approach to developing digital assets, following the principle of "same activity, same risk, same regulation," and has issued licenses to 11 virtual asset trading platforms since 2023. Additionally, the SAR government has issued three batches of tokenized green bonds totaling approximately 21 billion, and has launched a regulatory sandbox to encourage innovation.