CoinWorld News reports that on April 13th (UTC+8), Hong Kong Financial Secretary Paul Chan Mo-po stated that the licensing strategy is to "take small, quick steps," initially issuing only a small number of licenses, which require actual application scenarios. After the market is launched and experience is summarized, a second batch will be issued. Stablecoins and digital assets are financial innovations that require encouragement for breakthroughs, but at the same time, security must be maintained, with mechanisms in place to prevent money laundering, hence appropriate regulation is necessary. The benefits of stablecoins include decentralization and high efficiency, but they are merely a payment tool, not an investment tool.

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