**Paul Chan: Hong Kong Stablecoin Emphasizes Investor Protection and Financial System Stability**

BlockBeats News, September 11th, according to Aastocks, Hong Kong Financial Secretary Paul Chan stated at the Belt and Road High-Level Forum that artificial intelligence is a key driver of digital innovation. Hong Kong has identified the development of artificial intelligence as a policy focus and is actively advancing related efforts in data, capital, and talent.

Chan also noted that Hong Kong has introduced a licensing regime for virtual asset exchanges and stablecoins, emphasizing that a cautious and risk-based approach will be taken to safeguard investors and the stability of the financial system.