Hong Kong Deputy Secretary for Financial Services and the Treasury, Mrs. Elizabeth Chan, called on investors to participate in the trading of virtual currencies, preferably through licensed exchange

On October 11, Hong Kong's Under Secretary for Financial Services and the Treasury, Mrs. Elizabeth Chan, appealed to investors to participate in the trading of virtual currencies, preferably through licensed exchanges. Steven Chan said that the Hong Kong government is working hard to build the entire ecosystem, at present, Invest Hong Kong is actively promoting the relevant enterprises to expand their business in Hong Kong, the ecosystem of virtual assets is not the only exchanges, there are also virtual assets of the exchange traded funds, as well as the Central Bank of the Digital Currency (CBDC) and other products, the regulation of stable coins has completed the consultation is now preparing the relevant legislation to be submitted to the Legislative Council for consideration. (Hong Kong Commercial Daily)