TechFlow reported on January 12 that, according to the Hong Kong Economic Times, Financial Secretary Paul Chan said at a public consultation forum for the 2026 fiscal budget that Hong Kong's current stablecoin policy is progressing well and that the government will continue advancing related work step by step. In response to public suggestions about pegging stablecoins to gold, Chan stated that the government will consider this possibility after completing the first phase of the stablecoin framework. Relevant research is already underway, but he emphasized that such matters need to be handled cautiously. This forum is part of the Hong Kong government's efforts to solicit public opinions on the upcoming fiscal budget, which will be officially released on the 25th of next month.
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