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Wu Jiezhuang: Hong Kong plans to launch a compliant OTC crypto license by the end of the year and promote the use of stablecoins for trading in the RWA secondary market.
ME News, April 23 (UTC+8), Wu Jiezhuang, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of the Commerce, Industry, Innovation and Technology Committee of the Hong Kong Legislative Council, stated at the 2026 Hong Kong Institutional Digital Wealth Management Summit,
"Hong Kong plans to launch a crypto OTC compliance license by the end of this year to regulate the custody and trading of cryptocurrencies. In addition, many RWA tokenized assets (such as green bonds issued by the government) currently only support primary market investment. We are already working to promote Hong Kong's support for using stablecoins to trade RWA tokenized assets in the secondary market."
(Source: ME News)