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Deep Tide TechFlow News. On May 05, according to a report by Hong Kong Wen Wei Po, following his attendance at a meeting of the Legislative Council yesterday, Eddy Yue Wei-wan, the Chief Executive of the Hong Kong Monetary Authority, said that once the first batch of stablecoins are launched, they will consider issuing new licenses, but the number will still be strictly controlled in light of market capacity and new risk conditions. This is to prevent the market from having unrealistic expectations about the number of licenses. Long-term and ongoing monitoring will also be conducted for the rollout and implementation of stablecoins.