On February 26th, Xiaofeng, chairperson of Wanxiang Blockchain and HashKey Group, said that his greatest expectation is not to implement higher and stricter industry rules than those in the United States when talking about Hong Kong's upcoming second virtual asset policy declaration. He pointed out that the industry does not expect rules to be looser than those in the United States, but only hopes to be on par with the United States. He cited Alibaba's choice to go to the US for IPO because Hong Kong's rules are stricter than those of the New York Stock Exchange as an example, calling for a similar situation not to be repeated in the virtual asset market. Previously, it was reported that Hong Kong will issue a second virtual asset policy declaration.