The Legislative Council of Hong Kong released the first special newsletter in 2025 "Strengthening Hong Kong's status as an international financial center". The special newsletter is a new service launched by the Parliamentary Affairs Division of the Legislative Council Secretariat in December 2024. The latest special newsletter states: The Bills Committee of the Legislative Council is scrutinizing in detail the Companies (Amendment) (No. 2) Bill 2024 and the Stablecoin Bill to introduce a mechanism to facilitate the change of domicile of overseas registered companies to come to Hong Kong, and the introduction of a licensing system for fiat currency stablecoin issuers. On the development of financial technology, the House Committee of the Legislative Council has set up a sub-committee to review the application and development of Web3 and virtual asset technology in Hong Kong and make recommendations on the implementation of relevant laws and policies.