[Secretary of the Treasury and Finance Bureau of Hong Kong: Retail trading will not be allowed until Hong Kong officially regulates stablecoins] According to news on October 6, Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu pointed out in the Investment Committee interview program that the relevant currencies in the market will be denominated in US dollars. Or gold, etc. to support its value. The goal is to stabilize the price. However, there have been price fluctuations and even collapses of stablecoins in the past. The reserve management of stablecoin issuers will affect price stability and investors’ rights to redeem fiat currencies. Considering that These factors will not be included in allowing retail trading until Hong Kong officially regulates stablecoins.