TechFlow News, February 25: According to JIN10 Data, Hong Kong’s Financial Secretary Paul Chan announced in the “2026 Budget” that the government will submit a draft Digital Assets Policy Ordinance this year to establish a licensing regime for service providers engaged in digital asset trading and custody. Hong Kong has already implemented a licensing regime for fiat-backed stablecoin issuers, with the first batch of licenses scheduled for issuance in March. The government and financial regulators will continue supporting licensed issuers in exploring additional use cases, strictly adhering to compliance requirements and maintaining controllable risks. Chan noted that the Securities and Futures Commission (SFC) will further enhance liquidity in Hong Kong’s digital asset market—while fully safeguarding investor interests—by offering professional investors more products and services, and will establish an accelerator to expedite market innovation.
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