Hong Kong Chief Executive John Lee Ka-chiu stated that the Hong Kong Monetary Authority (HKMA) is actively processing applications for stablecoin issuer licenses, with the first batch expected to be issued next month. In a video address at the "Consensus Hong Kong Conference 2026," Lee noted that Hong Kong enjoys unparalleled advantages such as "One Country, Two Systems" and an open and transparent market, serving as a platform for international capital, talent, and information. The HKMA government is committed to building Hong Kong into a global innovation hub for digital assets. He also pointed out Hong Kong's significant advantages in promoting Web3 development and will continue to strive to maintain its leading position in the fintech field, welcoming institutions from around the world to join hands with Hong Kong to build a better digital future. (Jinshi)