On March 26, Hong Kong Financial Secretary Paul Chan Mo-po stated that the People's Bank of China and the Hong Kong Monetary Authority are exploring the feasibility of upgrading the digital yuan wallet to enhance usage limits and user experience. Currently, Hong Kong has opened 80,000 digital yuan wallets, with the number of accepting merchants increasing to 5,200, covering multiple consumption sectors.

Hong Kong Financial Secretary Paul Chan Mo-po stated that there are no plans to withdraw funds from the Exchange Fund again within the next five years. The previously proposed withdrawal of HKD 150 billion was the first since 1984 and was mainly used to maintain the exchange rate between the Hong Kong dollar and the US dollar.

Odaily Planet Daily News: Hong Kong Financial Secretary Paul Chan Mo-po published a column titled "‘AI+’ and ‘Finance+’ Mutual Promotion," in which he pointed out that we are currently at a critical stage of technological innovation. Artificial intelligence is not only a core technology of the future but also a powerful force capable of impacting thousands of industries. Innovation in financial services itself further helps expand the real economy, break through pain points, and increase volume. Technological innovations such as AI and blockchain are continuously empowering financial services, creating more efficient and convenient trading systems, and opening new channels for trade, fundraising, risk management activities, and more for different enterprises.

Hong Kong Financial Secretary Paul Chan Mo-po stated that he will optimize the gold trading and securities markets, including providing tax incentives, establishing industry associations, and launching a paperless securities market system, to improve market efficiency and attract investors.

Hong Kong Financial Secretary Paul Chan Mo-po revealed in the 2026 Financial Budget that the government will submit a draft digital asset policy regulation to establish a licensing system to regulate digital asset trading and custody services. At the same time, the Securities and Futures Commission will safeguard investors' rights, promote market liquidity, and foster innovation.

Hong Kong Financial Secretary Paul Chan Mo-po pointed out in an essay that global market turmoil has led to intense capital flows, and even safe-haven assets have experienced price corrections, such as significant fluctuations in gold prices. He emphasized that Hong Kong's financial system remains stable, but the risks and volatility faced in the coming year will increase.

Odaily Planet Daily reports that Financial Secretary Paul Chan Mo-po stated at the World Economic Forum Annual Meeting that Hong Kong adopts an active yet cautious approach to developing digital assets, promoting market development under the principles of the same activities, same risks, and same regulation. Since 2023, Hong Kong has issued licenses to 11 virtual asset trading platforms and is expected to issue a stablecoin license later this year. Additionally, the SAR government has issued three batches of tokenized green bonds totaling approximately $2.1 billion and launched a regulatory sandbox to encourage application innovation. (Hong Kong Economic Journal)

Odaily Planet Daily reports that Hong Kong Financial Secretary Paul Chan Mo-po revealed in his secretary's essay that the important digital infrastructure "Port Community System"(Port Community System) led by the Hong Kong government has officially launched, with over 2,300 companies participating. This system utilizes artificial intelligence and blockchain technology to provide a one-stop, 24/7 real-time cargo tracking service, supporting trade finance innovation.

Odaily Planet Daily reports that Hong Kong Financial Secretary Paul Chan Mo-po stated today that Hong Kong's economy grew by 3.2% last year. Regarding the development of virtual currencies and artificial intelligence, Chan Mo-po pointed out that virtual currencies are part of financial innovation and Hong Kong should embrace them. However, he noted that the confidentiality of blockchain technology could lead to insufficient investor protection, impact anti-money laundering efforts, and threaten financial stability. He emphasized that the Hong Kong government must handle these cautiously and incorporate appropriate regulatory frameworks. At the same time, Chan Mo-po expressed skepticism about the comprehensive promotion of virtual currency investment to the public, believing that more education and publicity should be strengthened. (Hong Kong Commercial Daily)

Odaily News The encryption payment platform MoonPay announced the launch of its corporate stablecoin business. The company also announced its integration with the open infrastructure MO, providing support for developers of application-based stablecoins. It is reported that this integration allows MoonPay to issue and manage fully reserved digital dollars on multiple blockchains, providing enterprises with tools for large-scale deployment of customized and interoperable stablecoins. (PRNewswire)