TechFlow reports that the Hong Kong General Chamber of Commerce has submitted recommendations to the Financial Secretary ahead of the upcoming Budget Address. Angela Chan, Deputy Chairman of the Chamber, suggested that the Hong Kong government consider permitting the issuance of RMB stablecoins or stablecoins pegged to a basket of currencies (including RMB, HKD, or USD stablecoins), and establishing a virtual asset connectivity scheme with an initial daily trading limit of approximately HK$20 billion.
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