币界网报道：Hong Kong Financial Secretary Paul Chan announced the city's stablecoin regulatory framework will take effect August 1, positioning it among the first jurisdictions with comprehensive stablecoin laws. Speaking at a forum, Chan highlighted Hong Kong's strategic advantages as both a stablecoin regulation pioneer and the global hub processing 80% of offshore yuan transactions. His remarks followed PBOC Governor Pan Gongsheng's recognition of stablecoins and CBDCs reshaping global payments, with plans to establish a Shanghai e-CNY international center. Hong Kong's Legislative Council passed its stablecoin licensing regime in May, while industry participants including Standard Chartered and JD Coinlink have joined the HKMA's regulatory sandbox. JD.com VP Jianguang Shen proposed offshore yuan-pegged stablecoins could strengthen the currency's global position, echoing lawmaker Lo Wai-kwok's recent calls for such initiatives. Major Chinese tech firms like JD.com and Ant Group's international unit are actively pursuing Hong Kong stablecoin projects.