According to *Hong Kong Economic Journal*, Paul Chan Mo-po, Financial Secretary, stated while attending a Hong Kong-Taiwan forum to gather opinions on the new Budget that in response to the public's proposal for stablecoins to be pegged to gold in the future, the government will push forward stablecoin-related work step by step. The gold-backed or other pegging schemes will only be considered after the initial steps are completed. Currently, relevant research is ongoing and the matter requires prudent handling.
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