Co-organised by Des Voeux Chambers (DVC) and the Asian Academy of International Law (AAIL), and supported by the Financial Services Development Council and the Legal Affairs Steering Committee of The Hong Kong Chinese Enterprises Association, the seminar titled “Key Global Challenges to the Regulation of Stablecoin Régimes” concluded on Monday, bringing together leading voices from law, finance, and technology to jointly explored the evolving regulatory landscape surrounding stablecoins and their implications for global financial systems.
- Opening Remarks: The evening commenced with welcome remarks from Mr. William Wong SC, Co-Head of DVC; Mr. Martin Hui SC, Vice-Chairman of the Hong Kong Bar Association, and Mr. Adrian Lai JP, DVC member and Deputy Secretary-General of AAIL. The speakers underscored the urgency of addressing regulatory uncertainties in the stablecoin space and called for a legal framework that fosters both financial stability and innovation.
- Keynote Addresses: Mr. Daniel R. Fung SBS SC JP FCIArb, Vice-Chairman of the Financial Services Development Council and Dr. Anthony Neoh SC JP, Co-Chairman of AAIL, delivered compelling keynote addresses. They highlighted Hong Kong’s leadership in financial regulation, including its proactive stance on stablecoins, and examined the broader challenges these digital assets pose to traditional monetary sovereignty and global financial governance.
- Panel Discussion: A dynamic panel discussion followed, moderated by Dr. Rocky Tung, Director and Head of Policy Research at the Financial Services Development Council. Panelists Mr. Daniel Fung SBS SC JP FCIArb, Dr. Tony Neoh SC JP, Mr. Kelvin Kang, Co-Founder of Reap, and Mr. Ru Haiyang, CEO of Hashkey Exchange BG, shared practical insights into the operational and regulatory hurdles facing stablecoin regimes worldwide.
We extend our heartfelt thanks to all distinguished speakers, panelists, and participants for their invaluable contributions to this thought-provoking and forward-looking dialogue. We look forward to continued collaboration in shaping the future of stablecoin regulation.
