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Hong Kong Legislative Council Member Qiu Dagan: Interested in Hong Kong issuing cryptocurrency stablecoins based on RMB

On October 31st, Qiu Dagan, a member of the Legislative Council of the Hong Kong Special Administrative Region (Science and Technology Innovation Industry), said when participating in the establishment of the Hong Kong Compliance Industry Association, I think the stablecoin is a huge market, and various countries are trying it. Everyone is also very concerned, but we need to wait for the introduction of Hong Kong's regulatory details. Looking forward, as a member of the Legislative Council, I am interested in whether the RMB-based stablecoin can be issued in Hong Kong, which is a huge market.