Hong Kong Legislative Council member Wu Jie-zhuang stated on 78 HOY News Channel's "Finance CHAT" program that Hong Kong is expected to issue the first stablecoin issuer licenses in March. It is recommended to distribute to eligible citizens through "stablecoin airdrops/vouchers" after the license issuance, for local SMEs' consumption (such as dining, entertainment, etc.), to promote adoption and stimulate the economy. The related administrative costs can be borne by the licensed companies. (Techub news)

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