The Hong Kong Monetary Authority (HKMA) released its 2025 Annual Report. In its 2026 key priorities and outlook section, the HKMA stated that it will continue to participate in international discussions and cooperation on digital asset policies, particularly concerning the impact of stablecoin arrangements on monetary and financial stability, ensuring that its regulatory framework is more aligned with international standards and best practices. Furthermore, another key area under "Fintech 2030" is promoting Hong Kong's tokenization ecosystem, further advancing the tokenization of real-world assets (including financial assets), and enabling these assets to be settled on the blockchain through new digital currencies (such as digital Hong Kong dollars, tokenized deposits, and regulated stablecoins), supporting faster and smoother financial transactions.