ChainCatcher news, Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu said when attending the Hong Kong Investment Committee program that if non-fungible tokens (NFTs) only exist in digital form, they are not regulated by the Securities and Futures Commission, but they constitute If they are "collective investment" or "securities" in nature, they must be licensed by the China Securities Regulatory Commission before they can be sold to the market.

In addition, the Hong Kong Monetary Authority is preparing for a public consultation on stablecoin regulation.