CoinVoice has learned that according to Aastocks, Hong Kong Financial Secretary Paul Chan Mo-po delivered a speech at an event where he discussed digital assets and cryptocurrencies. He stated that Hong Kong will further promote the development of stablecoins in the future but emphasized "stability first, progress later," to prevent illegal fund inflows and ensure the robustness of the financial system.

In addition, Paul Chan also pointed out that Hong Kong is actively expanding its gold storage capacity, aiming to increase the total capacity to 2,000 tons within the next three years. Currently, a central gold clearing system is being established, with the Shanghai Gold Exchange invited to participate, with the goal of operational deployment within this year.