In his opening address at Consensus 2026 today, Hong Kong Chief Executive John Lee revealed that the Hong Kong Monetary Authority (HKMA) is actively reviewing license applications and expects to issue the first batch of stablecoin licenses next month. Lee pointed out that Hong Kong is committed to becoming a global innovation hub for digital assets. Since the implementation of the stablecoin regulatory bill last year, various regulatory measures have progressed smoothly. In addition, the Securities and Futures Commission (SFC) has implemented a series of measures to enhance the liquidity of the virtual asset market and expand the scope of products and services. He emphasized that, leveraging the unique advantages of "One Country, Two Systems" and a sound legal and financial system, Hong Kong will continue to be at the forefront of Web3 ecosystem development and welcomes global enterprises and institutions to build a digital future in Hong Kong.