ChainCatcher news, according to "Ming Pao", Hong Kong Secretary for Financial Affairs and the Treasury Hui Ching-yu pointed out in the investment committee interview program that relevant currencies in the market will use US dollars or gold to support their value, with the goal of stabilizing prices, but there have been cases in the past Some stablecoins experience price fluctuations or even collapse. The reserve management of stablecoin issuers will affect price stability and investors’ rights to redeem fiat currencies. Considering these factors, stablecoins will not be allowed until Hong Kong officially regulates them. Retail sales.