TechFlow, November 18 — According to the 21st Century Business Herald, Hong Kong's Financial Secretary Paul Chan disclosed in a recent interview that Hong Kong is exploring the "tokenization" of stable cash flows such as international shipping rents, placing them on blockchain platforms for investor subscription. This model could not only create new investment products but also leverage blockchain technology to ensure asset traceability. Additionally, Chan reiterated that stablecoins are not tools for speculation. Licensing applications are currently under review, with the goal of issuing licenses starting next year.
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