Hong Kong Financial Secretary Paul Chan Mo-po, speaking on a program today, stated that Hong Kong's economy grew by 3.2% last year. Regarding the development of cryptocurrencies and artificial intelligence, Chan pointed out that cryptocurrencies are part of financial innovation and Hong Kong should embrace them. However, he noted that the confidentiality of blockchain technology may lead to insufficient investor protection, impact anti-money laundering efforts, and threats to financial stability. He emphasized that the Hong Kong government must handle this cautiously and incorporate it into an appropriate regulatory framework. Chan also expressed reservations about a comprehensive promotion of cryptocurrency investment to the public, believing that public education should be strengthened. (Hong Kong Commercial Daily)