Hong Kong Cyberport: Launched stablecoin and digital asset pilot projects with nine cross-industry use cases
Cyberport launched a pilot program for stablecoins and digital assets, selecting nine cross-industry cases (covering finance, logistics, healthcare, etc.) from over 200 applications. Through end-to-end scenario validation—including issuance, retail, anti-money laundering, and other processes—it aims to create replicable industry templates and provide technical challenges and regulatory references to the government. Zheng Songyan emphasized that the pilot seeks to explore a "regulatory sandbox" model, balancing risk prevention with innovation to help position Hong Kong as a digital asset technology hub. Currently, Cyberport has attracted入驻 entities such as a U.S. data auditing firm, Zhejiang University's blockchain team, and mainland virtual currency tracking enterprises. Going forward, it will continue collaborating with the government to build a healthy ecosystem and enhance Hong Kong’s global competitiveness in Web3.