Hong Kong's Deputy Secretary for Financial Services and the Treasury, Chen Hao Lian, called on investors to participate in the trading of virtual currencies through licensed exchanges. Chen Hao Lian said that the Hong Kong government is working hard to build the entire ecosystem. At present, Invest Hong Kong is actively promoting relevant enterprises to expand their business in Hong Kong. The ecosystem of virtual assets is not only exchanges, but also virtual asset exchange traded funds, as well as central bank digital currency (CBDC) and other products. Consultation on the regulation of stablecoins has been completed, and relevant legislation is currently being prepared for submission to the Legislative Council for consideration.