Hong Kong advances the "Fintech 2030" vision, focusing on stablecoin regulation.

Techub News, according to Cointelegraph, the Hong Kong government is advancing the "Fintech 2030" development vision, focusing on refining the regulatory framework for stablecoins and strengthening global regulatory coordination and cooperation.

This strategy aims to solidify Hong Kong's position as an international financial center and fintech hub. Previously, Hong Kong has conducted public consultations on the regulatory regime for stablecoin issuers, planning to establish a comprehensive regulatory framework to regulate the development of the digital asset market and promote innovation.