Paul Chan: Hong Kong to Issue Second Policy Statement on Digital Asset Development in June

On June 13, Paul Chan, Financial Secretary of the Hong Kong SAR Government, stated at the 2025 Caixin Summer Summit that Hong Kong has already launched a licensing regime for digital asset trading platforms and stablecoins, and is currently advancing regulatory arrangements for custody and over-the-counter trading. "This month, we will issue our second policy statement on the development of digital assets in Hong Kong, focusing on the integration of financial services and innovation, as well as expanding application scenarios for digital assets," he said. (Shanghai Securities News)