Techub News reports that according to Hong Kong Wen Wei Po, the Secretary for Financial Services and the Treasury, Xu Zhengyu, stated that artificial intelligence (AI) is data-driven and is a double-edged sword, presenting both risks and opportunities. Therefore, the HKSAR government will collaborate with regulatory bodies and industry stakeholders to propose a clear regulatory framework for the application of artificial intelligence, expecting to first regulate stablecoin products by the end of the year, and then move to regulation at the issuer level next year. In addition, the Hong Kong Monetary Authority will issue a third batch of tokenized green bonds, but there is currently no definitive timetable.