Li Jia Chao: I believe that the first batch of stablecoin issuers' licenses will be issued next month.

According to a report from Radio Television Hong Kong on February 11, Hong Kong Chief Executive Carrie Lam stated that the Hong Kong Monetary Authority is actively processing applications for stablecoin issuers' licenses and believes that the first batch of licenses will be issued next month. Lam made these remarks in a video address at the "Consensus Hong Kong Conference 2026", stating that Hong Kong has unparalleled advantages such as "one country, two systems" and an open and transparent market. It is a platform for gathering international capital, talent, and information, with the SAR government committed to developing Hong Kong as a global hub for digital asset innovation. She also mentioned that Hong Kong has significant advantages in promoting Web3 development and will continue to maintain its leading position in the field of financial technology, welcoming institutions from around the world to cooperate with Hong Kong to build a better digital future.