[Hong Kong Monetary Authority Chief Executive: Received Applications for Stablecoin Licenses from 36 Institutions, Aiming to Issue First Batch by March] Golden Finance reports that Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue stated today that a total of 36 institutions have submitted applications for stablecoin licenses in the first round. The applications are currently under ongoing evaluation, with the aim of making decisions as soon as possible and issuing the first batch of licenses by March. Some applicants have already been asked to provide additional information, as the initial submissions mainly contained basic information required for licensing. After review and analysis, follow-up questions on key elements such as detailed application scenarios, risk management measures, and the composition of underlying reserve assets are still necessary. If all required information can be collected, the goal is to issue the first batch of licenses by March. However, he emphasized that the number of licenses issued in the first batch will definitely be limited, with a focus on prudence and stability.