Chan Maobo: Steady progress in stablecoin policies, exploring the possibility of gold pegging

BlockBeats News, January 12 — According to “The Standard,” Hong Kong Financial Secretary Paul Chan Mo-po stated at the public consultation forum for the 2026 financial budget that Hong Kong’s current stablecoin policy is developing well and will continue to be gradually advanced. In response to citizens’ suggestions to peg stablecoins to gold, Chan Mo-po said that the government will consider this possibility after completing the first phase of the stablecoin framework. Currently, relevant research is underway, but he emphasized the need for cautious handling. This forum is part of the Hong Kong government’s public consultation on a new financial budget, which will be officially announced on the 25th of next month.

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