The Hong Kong Monetary Authority responds to rumors of the second batch of stablecoin licenses and does not comment on the rumors

According to Caixin News Agency, a spokesperson for the Hong Kong Monetary Authority stated that they will not comment on market rumors regarding the second batch of stablecoin issuers' licenses or their landing around the National Day holiday. Currently, the focus of the Monetary Authority's work is to promote the business preparation of the two licensed stablecoin issuers and observe the implementation of relevant application scenarios, operational effectiveness, and market reactions.