Chan Mo-po: The intersection of Web3 and AI is a "game changer," and Hong Kong has issued stablecoin licenses
By: rootdata|2026/04/20 01:49:25
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ChainCatcher live report, Hong Kong Financial Secretary Paul Chan delivered the opening speech at the 2026 Hong Kong Web3 Carnival. He pointed out that 2026 is an important turning point, as Web3 is maturing, and financial institutions are increasingly using digital assets and tokenization to enhance efficiency, reduce costs, and shorten settlement times. The rise of AI agents is also a milestone, and the intersection of the two will be a "game changer."
He emphasized that Hong Kong, as an international financial center, actively embraces innovation and follows the principle of "same activity, same risk, same regulation." Regulatory agencies have a dual mission of prudent regulation and market development. He revealed that Hong Kong has issued two stablecoin issuer licenses this month and has issued over $2 billion in tokenized green and infrastructure bonds. Additionally, an "AI+ and Industry Development Strategy Committee" will be established to promote the integration of Web3 and AI in fields such as finance.
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