Hong Kong Monetary Authority: Will consider issuing new licenses after the first batch of stablecoins is launched
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Yu Weiwen stated that after the launch of the first batch of stablecoins, the issuance of new licenses will be considered. He reiterated that even if additional licenses are issued, the number will be limited, depending on how many issuers the market can accommodate and the emergence of new risks. He emphasized that market expectation management will be handled properly.
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