Paul Chan: Hong Kong's two stablecoin licenses are just the beginning Hong Kong Financial Secretary Paul Chan stated at the Hong Kong Web3 Carnival on April 20, 2026, that Hong Kong remains open to Web3 organizations. He believes the true value of blockchain and digital assets lies in solving real-world problems. This month, Hong Kong issued two stablecoin licenses, highlighting the huge potential in cross-border payments. Additionally, Hong Kong has issued over $2 billion in tokenized bonds and will establish a committee to explore the integration of Web3 and AI. Source: Web3 Festival