According to Wu Shuo, Hong Kong Legislative Council member Wu Jiezhuang pointed out that Hong Kong has been improving the digital asset (virtual asset) market at different legal levels. Last year, there was a virtual currency trading platform legislation and licensing system. He continued that there will be stablecoin consultation and sandbox (computer security mechanism) released, which will allow the industry to innovate digital asset projects in a sandbox environment. The relevant legislation will be reviewed by the Legislative Council at the end of this year or next year, which will help digital assets. The ecological environment of the entire industry.
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