吴杰庄: Hong Kong to Issue First Batch of Stablecoin Issuer Licenses in March, Aims to Drive Adoption Through Stablecoin Airdrops

By: theblockbeats.news|2026/02/19 14:01:19
0
Share
copy

BlockBeats News, February 19th, Hong Kong Legislative Councilor Wu Chi-wai stated in the 78 HOY Information Station's "Finance CHAT" program that in March, Hong Kong will issue the first batch of stablecoin issuer licenses, hoping that the government will promote the use of cryptocurrency among all Hong Kong residents through a stablecoin airdrop.

Wu Chi-wai pointed out that three years ago, the government's distribution of HK$10,000 electronic consumption vouchers significantly promoted electronic payments. He suggested that after stablecoin issuers obtain licenses, the government could airdrop stablecoins to eligible residents for use in local small and medium-sized enterprise consumption (such as dining, entertainment, and theater), in order to enhance Hong Kong's status as a Web3 and digital asset hub, achieving a win-win situation of stimulating the economy and promoting cryptocurrency adoption. Wu Chi-wai emphasized that this move is not simply the government giving away money, but rather using stablecoin consumption vouchers to drive a multiplier effect, with administrative costs borne by the licensed companies. (techub news)

You may also like

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts

SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.

World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live

The 2026 FIFA World Cup is hours away. WEEX unveils the “World Cup x Dice Rush” campaign with a 1,000,000 USDT prize pool. Plus, Michael Owen reunites with WEEX COO for an exclusive pre-match livestream. Join now!

Galaxy in-depth report: Is Solana still worth paying attention to?

Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Young people in South Korea make a "final effort" in the epic bull market

The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

How to reconstruct the prediction market using leverage?

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com